3 Review(s)

G.C. Das & M. Poorna Chander Rao (2025): Comprehensive treatise covering all stages—search, survey, summons, reassessment; includes procedural safeguards, judicial interpretations, and Finance Act 2025 amendments. Authorised when an income tax officer has a reason to believe that a person is concealing books, documents, or valuables at a premises.Requires prior recorded satisfaction by the Commissioner or Director of Income Tax.Includes seizure of property, recording of statements under oath (Sec 132(4)), issues like presumptions in Section 132(4A), and can extend to provisional attachment of assets.