https://www.taxtmi.com/circulars?id=4579 The Act expands powers to detect and recover undisclosed income by enlarging search, seizure and survey authorities, authorising requisition of documents from other agencies, and introducing a rebuttable presumption as to ownership and contents of books and assets seized. It restructures jurisdictional and delegation rules among tax officers, tightens recovery by imposing director and partner liability and enabling provisional attachment, adjusts appeal admission to require payment in specified cases, and strengthens penal provisions by creating new offences, enhancing imprisonment terms, and assigning corporate and family criminal liability. en-us Tue, 30 Sep 1975 00:00:00 +0530 Sat, 09 Aug 2008 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4579 The Act expands powers to detect and recover undisclosed income by enlarging search, seizure and survey authorities, authorising requisition of documents from other agencies, and introducing a rebuttable presumption as to ownership and contents of books and assets seized. It restructures jurisdictional and delegation rules among tax officers, tightens recovery by imposing director and partner liability and enabling provisional attachment, adjusts appeal admission to require payment in specified cases, and strengthens penal provisions by creating new offences, enhancing imprisonment terms, and assigning corporate and family criminal liability. Circulars Income Tax Tue, 30 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4579