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Section – 133 - Rationalisation of the provisions in respect of power to call for information -

 

Under the existing provisions certain Income tax authorities are empowered to call for information for the purpose of any enquiry or proceeding under the Act. In case no proceeding is pending such power cannot be exercised by any Income tax authority below the rank of Principal Director or Director or the Principal Commissioner or Commissioner without the previous approval of such authorities.

The amendment seeks to include Joint Director, Deputy Director and the Assistant Director in the authorities competent to exercise the power. It also dispenses with the requirement of seeking prior approval of the Principal Commissioner or Commissioner in case no proceedings are pending.

 

The amendment will be effective from 1st April 2017.


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