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of <h1>Form Allows CBDT to Access Financial Records; Waives Data Privacy and Banking Secrecy Protections</h1> This form authorizes the Central Board of Direct Taxes (CBDT) in India to access information and records of an individual's or entity's account with a financial institution in a notified jurisdictional area. The authorization, which is irrevocable, allows the CBDT or designated officials to obtain documents such as account holder identification, account opening documents, correspondence, and account statements. The individual or entity waives all legal protections regarding data protection, privacy, or banking secrecy. The form requires the signature, designation, and address of the authorizing person, along with their Permanent Account Number or Aadhaar Number.
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