Power to call for information: statutory authority mandates prescribed persons and banks to furnish tax-related information for investigations. The Board may require any prescribed person to furnish information and direct prescribed income-tax authorities to call for information in prescribed form, manner and time. An income-tax authority not below Income-tax Officer may independently require any person to furnish information relevant to inquiries or proceedings, specifying form, manner and time, and the term 'person' includes a banking company and its officers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Power to call for information: statutory authority mandates prescribed persons and banks to furnish tax-related information for investigations.
The Board may require any prescribed person to furnish information and direct prescribed income-tax authorities to call for information in prescribed form, manner and time. An income-tax authority not below Income-tax Officer may independently require any person to furnish information relevant to inquiries or proceedings, specifying form, manner and time, and the term "person" includes a banking company and its officers.
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