Issuance of notice u/s 131(1A) after conclusion of Income Tax Search and Seizure u/s 132 – Legal Paradox

Ever since the enactment of the original Income-tax statute of 1922, the Income-tax authorities have been vested with certain powers that are coterminous with the powers of a Court under the Code of Civil Procedure, 1908. Section 131 of the Income-tax Act, 1961 is one such provision which includes, inter alia, the power to enforce the attendance of any person and examine him on oath.Ever since the enactment of the original Income-tax statute of 1922, the Income-tax authorities have been vested with certain powers that are coterminous with the powers of a Court under the Code of Civil Procedure, 1908. Section 131 of the Income-tax Act, 1961 is one such provision which includes, inter alia, the power to enforce the attendance of any person and examine him on oath.taxmann.com Latest ArticlesRead More

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