Question

Explain the general powers of the income tax authorities

Answer 1

hyy friend here is ur answer
.
..

.
.
Powers of
Income Tax
Authorities""""
1) Power relating to Discovery,
Production of evidence, etc: The
Assessing Officer, The Joint
Commissioner, the Chief
Commissioner or the
Commissioner has the powers as
are provided in a court under
the code of Civil Procedure, 1908,
when trying to suit for the
following matters:
(a) discovery and inspection;
(b) to enforce any person for
attendance, and examining him
on oath
(c) issuing commissions; and
(d) compelling the production of
books of account and other
document.
2) Power of Search and Seizure:
Today it is not hidden from
income tax authorities that
people evade tax and keep
unaccounted assets. When the
prosecution fails to prevent tax
evasion, the department has the
to take actions like search and
seizure.
3) Requisition of Books of
account, etc: Where the Director
or the Director-General or
Commissioner or the Chief
Commissioner in consequence of
information in his possession,
has reason to believe that (a), (b),
or (c) as mentioned under
section 132(1) and the book of
accounts or other documents or
the assets have been taken under
custody by any authority or
officer under any other law, then
the Chief Commissioner or the
Director General or Director or
Commissioner can authorize any
Joint Director, Deputy Director,
Joint Commissioner, Assistant
Commissioner, Assistant Director,
or Income tax Officer to require
the authority to provide sue
books of account, assets or any
documents to the requisitioning
officer, when such officer is of
the opinion that it is no longer
necessary to retain the same in
his custody.......
4) Power to Call for Information:
The Commissioner The Assessing
Officer or the Joint
Commissioner may for the
purpose of this Act,.....
(a) can call any firm to provide
him with a return of the
addresses and names of partners
of the firm and their shares;
(b) can ask any Hindu Undivided
Family to provide him with
return of the addresses and
names of members of the family
and the manager........
(c) can ask any person who is a
trustee, guardian or an agent to
deliver him with return of the
names of persons for or of whom
he is an agent, trustee or
guardian and their addresses.,...
.
.
.
.
.
if u like my answer then mark as brainliast
.
.
.
.
and follow me for more
.
.

.
#ar

Answer 2

Income Tax Authorities their Powers & Functions under Income-Tax Act, 1961 ... authorize the Board or a Director-General, a Chief Commissioner or a ... Section 133 A-Power of Survey: The term 'survey' is not defined by the Income Tax Act.