by MOHIT GUPTA | Jan 29, 2022 | INCOME TAX
Introduction:- The legislature has intentionally drafted the provisions relating to Search and Survey in the statue book of Income Tax Act, 1961 with the target of unearthing the undisclosed income of any person in form of any money, bullion, jewellery or other...
by MOHIT GUPTA | Jan 10, 2022 | INCOME TAX
Introduction:- The principles of natural justice forms an integral part of procedural fairness and justness, thereby excluding the scope of arbitrariness. Even though the right of hearing, which forms a part of the principles of natural justice, before an order is...
by MOHIT GUPTA | Dec 11, 2021 | INCOME TAX
Legality of roping in an unconnected third party in the rigors of an Income Tax Search and Seizure action (including bank lockers of such unconnected third parties) Introduction:- The authority and power to conduct search and seizure operations is strident and caustic...
by MOHIT GUPTA | Dec 7, 2021 | INCOME TAX
Introduction: Section 153A provides the procedure for completion of assessment in case of a person where a search is initiated under Section 132 or books of account or other documents or any assets are requisitioned under Section 132A after 31st May, 2003 but on or...
by MOHIT GUPTA | Nov 15, 2021 | INCOME TAX
Introduction: Authority and power to conduct search and seizure operations is strident and caustic power authorized by law to be taken recourse to when the conditions mentioned under different clauses of Section 132 (1) of the Act are satisfied. The jurisdictional...
