Section 132 of ITA, 1961 : Section 132: Search And Seizure

Explanation using Example

Imagine a situation where the Income Tax Department receives a tip-off that Mr. Sharma, a businessman, has not disclosed a significant amount of income on his tax returns. The tip-off includes information that Mr. Sharma has hidden financial documents in his office that would reveal this undisclosed income.

Upon receiving this information, the Commissioner of Income Tax believes that Mr. Sharma has failed to produce these documents during previous tax assessments despite being legally required to do so. To investigate further, the Commissioner authorizes an Income Tax Officer to conduct a search and seizure operation on Mr. Sharma's office premises.

The authorized officer, along with a team, arrives at Mr. Sharma's office to execute the sea...

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