Power to collect certain information

Despite anything to the contrary in any other provision of this Act, an income-tax authority may, in order to gather any data that may be relevant or helpful for the purposes of this Act, enter any structure or location inside the boundaries of the territory under such control; or any structure or location occupied by anyone over whom he has jurisdiction; at which a business or profession is carried out, regardless of whether it is the principal place of that business or profession; and require any owner, employee, or another person who may be present at that time and location and attending in any way to, or aiding in, the conduct of that business or profession to provide such details as may be recommended.

An income-tax authority may only access a place of business or practise mentioned in the aforementioned subsection during the times that the location is open for the purpose of conducting business or exercising a profession.

 

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It is hereby stated, for the avoidance of doubt, that an income-tax authority acting pursuant to this section shall, under no circumstances, eliminate or cause to be eliminated from the building or location wherein he has entered, any books of account or even other documents, or any cash, stock, or even other valuable article or thing. An Inspector of Income-tax who has been given permission by the Assessing Officer to exercise the powers granted under this section in relation to the territory over which the Authorised Officer exercises jurisdiction, or a portion thereof, is referred to in this section as a "income-tax authority," along with a Deputy Commissioner, an Assistant Director, or an Assessing Officer.

 

Power to inspect registers of companies

 

The Revenue Officer, the Appellate Assistant Commissioner, the Inspecting Assistant Commissioner, or any person below him who has been given written permission in this regard by the Revenue Officer, the Appellate Assistant Commissioner, or the Inspecting Assistant Commissioner, might very well inspect and, if necessary, make copies of any directory of members, debenture holders, or mortgagees of any company, as well as any entry in such a register.

 

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