search and seizure

Taxpayers jitters with extensive search and seizure powers to Assessing Officers 3 min read

• Income Tax

Taxpayers jitters with extensive search and seizure powers to Assessing Officers

Sourav 8 years ago

The amendments and changes in the procedural rules including changes in search and seizure provisions in Income Tax Act have had the consequence of setting... Read More

Finance Bill: Empowering tax officials for curbing black money 2 min read

• Income Tax

Finance Bill: Empowering tax officials for curbing black money

Sourav 8 years ago

The countdown has begun. From the 1st of April, 2017 the Central Govt.’s steps for curbing black money is going to be more and more... Read More

What does it mean by the term ‘search and seizure’ under Income Tax Act of India? 6 min read

• Income Tax

What does it mean by the term ‘search and seizure’ under Income Tax Act of India?

Rebecca Ghomes 8 years ago

One of the most powerful weapons for the Income Tax Department of India is the power of search and seizure. This power enables the authorized... Read More

Reasons to believe for conducting a search & seizure not to be disclosed 2 min read

• Income Tax

Reasons to believe for conducting a search & seizure not to be disclosed

Sourav 8 years ago

Sub-section (1) and Sub-Section (1A) of section 132 of the Income Tax Act, 1961 provides that where the authority stated therein, depending on the information in his... Read More

Shreemati Devi vs. CIT (Allahabad High Court)Assessing Officers not to harass tax payers and return seized assets as the appeal goes in favor of assessee 3 min read

• Income Tax

Shreemati Devi vs. CIT (Allahabad High Court)Assessing Officers not to harass tax payers and return seized assets as the appeal goes in favor of assessee

Sourav 8 years ago

Arrogance of the department in not returning the assets which were seized in spite of assessee having succeeded in the appeal is evidently illogical and brings... Read More