TMI BlogPower of surveyX X X X Extracts X X X X X X X X Extracts X X X X ..... arried on, whether such place be the 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h he is authorised for the purposes of this section by such income-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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y or event, the income-tax authority is of the opinion that it is necessary or expedient so to do, he may, at any 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... proceedings under this Act which may be commenced after such date in respect of any year.] ---------------------------- Notes :- 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 th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay be,] 12. Inserted vide THE FINANCE (No. 2) ACT, 2014 w.e.f. 1st day of October, 2014 13. Inserted vide THE FINANCE (No. 2) ACT, 2014 w.e.f. 1st day of June, 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r] Commissioner, a Joint Commissioner, a 13 [Principal Director or] Director, a Joint Director, an Assistant Director or a Deputy Director or an Assessing Officer, or a Tax Recovery Officer, and for the purposes of clause ( i ) of sub-section (1), clause ( i ) of sub-section (3) and sub-section (5), includes an Inspector of Income-tax;] 19. Substituted vide Finance Act, 2022 w.e.f. 01-04-2022 before it was read as who is subordinate to the Principal Director General of Income-tax (Investigation) or the Director General of Income-tax (Investigation) or the Principal Chief Commissioner of Income-tax (TDS) or the Chief Commissioner of Income-tax (TDS), as the case may be; - - statute, statutory provisions legislat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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