Non-disclosure of reasons for search: recorded reasons and suspicions exempt from disclosure; provisional attachment and valuation procedures introduced. Amendments declare recorded reason to believe and reason to suspect non-disclosable; permit provisional attachment of assessee property during or within sixty days of search with prior senior approval and a six-month automatic lapse; and allow reference to a Valuation Officer for fair market valuation with a sixty-day reporting requirement, while extending the procedural definition of 'execution of an authorisation for search' to the new provisions.
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.
Non-disclosure of reasons for search: recorded reasons and suspicions exempt from disclosure; provisional attachment and valuation procedures introduced.
Amendments declare recorded reason to believe and reason to suspect non-disclosable; permit provisional attachment of assessee property during or within sixty days of search with prior senior approval and a six-month automatic lapse; and allow reference to a Valuation Officer for fair market valuation with a sixty-day reporting requirement, while extending the procedural definition of "execution of an authorisation for search" to the new provisions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.