Insertion of new section 292CC.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n case of search or requisition.       "292CC.(1) Notwithstanding anything contained in this Act,--            (i) it shall not be necessary to issue an authorisation under section 132 or make a requisition under section 132A separately in the name of each person;          &n....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ection 292CC in the Income-tax Act relating to authorisation and assessment in case of search or requisition. It is proposed to insert aforesaid new section 292CC so as to provide that notwithstanding anything contained in this Act, it shall not be necessary to issue an authorisation under section 132 or make a requisition under section 132A separately in the name of each person. It is furth....