search
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 January 2010
Kindly inform me in what circumstances search can be conducted by income tax department
CMA Ramesh Krishnan
(Expert)
28 January 2010
As per sec.132(1)search can be intiated for the following circumstances
1.failing to produce the books of accounts and documents after receiving the notice u/s.142(1) or summon u/s.131(1)
2.a person not disclosing wholly or partly income from money, bullion,jewwellery,or other valuable ariticle
1.failing to produce the books of accounts and documents after receiving the notice u/s.142(1) or summon u/s.131(1)
2.a person not disclosing wholly or partly income from money, bullion,jewwellery,or other valuable ariticle
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Accounting treatment of AMC alongwith the purchase of Laptop
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
