The Income-tax Act, 1961
Bare Act
(1) The Assessing Officer, Deputy Commissioner (Appeals), Commissioner (Appeals), Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner and Dispute Resolution Panel referred to in clause (a) of sub-section (15) of section 144C shall, for the purposes of this Act, have the same powers as are vested in a court under the Code of Civil Procedure, 1908 (5 of 1908), when trying a suit in respect of the following matters, n… Read the complete text with KanoonGPT Pro.
Simplified Act
Simplified Explanation of Section 131 of The Income-tax Act, 1961
Authority Powers:
Certain tax offici… Read the complete text with KanoonGPT Pro.
Explanation using examples
Imagine a scenario where the Income Tax Department receives information that Mr. X, a businessman, may have undisclosed income that he has not reported in his tax filings. An Asse… Read the complete text with KanoonGPT Pro.
