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<h1>Power of competent authority grants Assessing Officer investigation powers to conduct enquiries under the Income Tax Bill.</h1> Clause 256 establishes that the competent authority is authorised to conduct enquiries under the Income Tax Bill and is vested with the same statutory powers as an Assessing Officer under the Act in relation to making enquiries, equating the competent authority's investigatory and procedural authority to that of the Assessing Officer.