Investigatory powers expanded: Directors may use subsection (1) authority to probe suspected concealed taxable gifts. Amendment authorises the Director General or Director, on reason to suspect concealment of taxable gifts by any person or class within their jurisdiction, to exercise the powers conferred under sub-section (1) for inquiries or investigations notwithstanding that no proceedings are pending before any gift-tax authority, and omits sub-section (2) of section 36.
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Provisions expressly mentioned in the judgment/order text.
Investigatory powers expanded: Directors may use subsection (1) authority to probe suspected concealed taxable gifts.
Amendment authorises the Director General or Director, on reason to suspect concealment of taxable gifts by any person or class within their jurisdiction, to exercise the powers conferred under sub-section (1) for inquiries or investigations notwithstanding that no proceedings are pending before any gift-tax authority, and omits sub-section (2) of section 36.
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