Inquiry and investigation powers extended to designated income tax authorities for tax treaty agreement matters, including document seizure authority. A new sub section permits any income tax authority not below the rank of Assistant Commissioner, as notified by the Board, to exercise the discovery, inspection, attendance and oath taking powers of sub section (1) for inquiries or investigations in relation to agreements covered by section 90 or section 90A, notwithstanding that no proceedings are pending. Sub section (3) is amended to include the new sub section so that such notified authorities may impound and retain books of account and other documents produced in any proceeding under the Act.
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Provisions expressly mentioned in the judgment/order text.
Inquiry and investigation powers extended to designated income tax authorities for tax treaty agreement matters, including document seizure authority.
A new sub section permits any income tax authority not below the rank of Assistant Commissioner, as notified by the Board, to exercise the discovery, inspection, attendance and oath taking powers of sub section (1) for inquiries or investigations in relation to agreements covered by section 90 or section 90A, notwithstanding that no proceedings are pending. Sub section (3) is amended to include the new sub section so that such notified authorities may impound and retain books of account and other documents produced in any proceeding under the Act.
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