Amendment of section 133A.
37. In section 133A of the Income-tax Act, in the Explanation occurring after sub-section (6), in clause (a), for the long line, the following long line shall be substituted, namely:––
“who is subordinate to the Principal Director General or the Director General or the Principal Chief Commissioner or the Chief Commissioner, as may be specified by the Board;”.
Notes on Clauses:
Clause 37 seeks to amend the section 133A of the Income-tax Act relating to power of survey.
Explanation to the said section, inter alia, defines the expression “income-tax authority”.
It is proposed to amend the said definition “income-tax authority” to mean such authority who is subordinate to the Principal Director General or the Director General or the Principal Chief Commissioner or the Chief Commissioner, as may be specified by the Board.
This amendment will take effect from 1st April, 2022.
