https://www.taxtmi.com/caselaws?id=237626 Survey and impounding of books of account and electronic devices were upheld where the survey was conducted at the business premises and the director named in the authorisation was acting for the company. The Court accepted that incomplete books justified impounding, and that the Commissioner's authorisation for retention under Section 133A(3)(ia) of the Income-tax Act, 1961 was valid. It further held that electronically stored data falls within books of account under Section 2(12A), so the laptop and CDs could be retained for investigation. The challenge to quash the authorisation and secure return of the articles therefore failed. en-us Wed, 25 Sep 2013 00:00:00 +0530 Wed, 02 Oct 2013 23:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237626 Survey and impounding of books of account and electronic devices were upheld where the survey was conducted at the business premises and the director named in the authorisation was acting for the company. The Court accepted that incomplete books justified impounding, and that the Commissioner's authorisation for retention under Section 133A(3)(ia) of the Income-tax Act, 1961 was valid. It further held that electronically stored data falls within books of account under Section 2(12A), so the laptop and CDs could be retained for investigation. The challenge to quash the authorisation and secure return of the articles therefore failed. Case-Laws Income Tax Wed, 25 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237626