Suo motu power expanded to permit initiation of income-tax proceedings by authority on its own motion or on application. Amendment to Section 142(2C) substitutes the proviso wording so that "on an application" is replaced by "suo motu, or on an application", thereby ... Summary
Suo motu power expanded to permit initiation of income-tax proceedings by authority on its own motion or on application.
Amendment to Section 142(2C) substitutes the proviso wording so that "on an application" is replaced by "suo motu, or on an application", thereby permitting initiation either on the authority's own motion or upon an application.
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