TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Clause 145 Empowers Tax Authorities to Conduct Surveys for Suspected Non-Compliance; Sets Limits on Document Retention.</h1> Clause 145 of the Direct Taxes Code Bill, 2009, grants income-tax authorities the power to conduct surveys at business premises if there is suspicion of non-compliance with tax laws. Authorities can enter such premises during business hours and inspect books, verify cash and stock, and gather relevant information. They may mark, copy, or impound documents, make inventories, and examine individuals under oath. Statements collected can be used as evidence. Authorities cannot remove cash or valuables and must seek approval to retain impounded documents beyond one month. They have enforcement powers to ensure compliance if access or information is denied.
TaxTMI 
TaxTMI 
