TMI BlogSearch and seizure.X X X X Extracts X X X X X X X X Extracts X X X X ..... e material as required by such summon or notice; (b) any person to whom a summons or notice as aforesaid has been or might be issued will not, or would not, produce or cause to be produced, any material which will be useful for, or relevant to, any proceeding under the Income-tax Act, 1961or the Wealth-tax Act, 1957, as they stood before the commencement of this Code, or under this Code; or (c) any person is in possession of any material which represents either wholly or partly the tax bases or property which has not been, or would not be, disclosed for the purposes of the Income-tax Act, 1961, as they stood before the commencement of this or the Wealth-tax Act, 1957, as they stood before the commencement of this Cod ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... refrom; (g) make a note or an inventory of any such material including stock-in-trade. (3) A Competent Investigating Authority may exercise the powers of search and seizure conferred under sub-section (1), if he exercises jurisdiction over the person referred to in sub-section (1). (4) The Competent Investigating Authority may also exercise the powers of search and seizure conferred under sub-section (1), if — (a) the building, place, vessel, vehicle or aircraft, referred to in sub-section (2), is located within the area of his jurisdiction irrespective of the fact that he does not have jurisdiction over the person referred to in sub-section (1); and (b) he has reason to believe that any delay in getting t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Authorised Officer shall be deemed to be seizure under clause (e) of sub-section (2); or (b) it is not practicable to seize such material [for reasons other than those mentioned in clause (a)] and such action of the Authorised Officer shall not be deemed to be seizure under clause (e) of sub-section (2). (8) The order under clause (b) of sub-section (7) shall remain in force for a period not exceeding two months from the end of the month in which the order was served and the Authorised Officer may take such steps as may be necessary for ensuring compliance with the order. (9) The Authorised Officer may, during the course of the search or seizure, examine on oath any person who is found to be in possession or control of a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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