9911796707
TMI BlogPower of surveyX X X X Extracts X X X X X X X X Extracts X X X X ..... principal place or not of such business or profession or of such activity for charitable purpose, and require any proprietor, trustee, employee or any other person who may at that time and place be attending in any manner to, or helping in, the carrying on of such business or profession or such activity for charitable purpose-- ] (i) to afford him the necessary facility to inspect such books of account or other documents as he may require and which may be available at such place, (ii) to afford him the necessary facility to check or verify the cash, stock or other valuable article or thing which may be found therein, and (iii) to furnish such information as he may require as to any matter which may be useful for, or relevant to, any p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me-tax authority who is assigned the area within which such place is situated, where books of account or documents are kept and require the deductor or the collector or any other person who may at that time and place be attending in any manner to such work,- (i) to afford him the necessary facility to inspect such books of account or other documents as he may require and which may be available at such place, and (ii) to furnish such information as he may require in relation to such matter.] (3) An income-tax authority acting under this section may,- (i) if he so deems necessary, place marks of identification on the books of account or other documents inspected by him and make or cause to be made extracts or copies therefrom, 4[(ia) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ny time after such function, ceremony or event, require the assessee by whom such expenditure has been incurred or any person who, in the opinion of the income-tax authority, is likely to possess information as respects the expenditure incurred, to furnish such information as he may require as to any matter which may be useful for, or relevant to, any proceeding under this Act and may have the statements of the assessee or any other person recorded and any statement so recorded may thereafter be used in evidence in any proceeding under this Act. (6) If a person under this section is required to afford facility to the income-tax authority to inspect books of account or other documents or to check or verify any cash, stock or other valuable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... :- 1. Substituted by the Taxation Laws (Amendment) Act, 1975, w.e.f. 1-10-1975. Original section was inserted by the Finance Act, 1964, w.e.f. 1-4-1964. 2. Inserted by the Finance Act, 1995, w.e.f. 1-7-1995. 3. Inserted by the Finance Act, 1995, w.e.f. 1-7-1995. 4. Inserted by the Finance Act, 2002, w.e.f. 1-6-2002. 5. Substituted by the Finance Act, 2003, w.e.f. 1-6-2003. Prior to its substitution, clause (b) read as under : "(b) retain in his custody any such books of account or other documents for a period exceeding fifteen days (exclusive of holidays) without obtaining the approval of the Chief Commissioner or Director General or Commissioner or Director therefor, as the case may be," 6. Words "any books of accoun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... une, 2013 14. Substituted vide THE FINANCE ACT, 2017 w.e.f. 1st day of April, 2017 , before it was read as, "at which a business or profession is carried on, whether such place be the principal place or not of such business or profession, and require any proprietor, employee or any other person who may at that time and place be attending in any manner to, or helping in, the carrying on of such business or profession-" 15. Inserted vide THE FINANCE ACT, 2017 w.e.f. 1st day of April, 2017 16. Substituted vide Finance Act, 2020 dated 27-03-2020 w.e.f. 01-04-2020 before it was read as "8[Provided that no action under sub-section (1) shall be taken by an Assistant Director or a Deputy Director or an Assessing Officer or a Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
