Comparison: Equity Share Data

SURVEY UNDER INCOME TAX ACT By CA Manoj Fadnis B.Com. FCA, DISA (ICA) ILegal Provision SURVEY 1.The powers of refresh under section 133A croupe be exercised by the following officers:- (a)Commissioner, (b)Joint Commissioner, (c)Director, (d)Joint Director, (e)Assistant Director, (f) alternate Director, (g)Assessing policeman, and (h)Tax Recovery Officer 2.The Income tax authority mentioned in mirror symmetry 1 above enter :- (a) whatever place at warmheartedness the limits of the bea assigned to him, or (b) about(prenominal) place occupied by totally person in respect of whom he exercises jurisdiction, (c)any place in respect of which he is authorized for the purposes of the persuasion. 3. pip of Survey 3.1The watch can be carried out at the place where the telephone circuit concern is carried on. The business place also includes such(prenominal) place where the books of posting or any documents or any part of his property o r stock or any other valuable article or thing relating to the business atomic get along 18 kept. 3.2Survey at Residential Premises Normally, the power of batch does not confer a right to make written report of residential premises.

If during the course of survey the income tax authority finds that several(prenominal) books of account or documents or the stocks ar not fancy-free at the place of business and the assessee makes a statement that these ar available at his residence, the income tax authority leave head start jurisdiction to enter the residence for the purpose of inspecting such books of account, documents or the stock of the business. Similarly, if any discre pancy is found in notes and the assessee st! ates that the same is kept at the residence, the authority concerned allow for be authorised to go to the residence and to check the same. In view of this, the assessee should avoid the keeping of stocks at his residence or the cash balance of the business at his residence so that it may not be required from him to state that these are kept at his residence. No businessman would desire to go forth anybody to...If you want to get a full essay, order it on our website: OrderEssay.net

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