28 March 2019
Dear Experts, Pls let me know :- whether income tax authority are empowered to summon any third person or debtors to verify the fact. If yes under which section
29 March 2019
Section 131 of the Income Tax Act empowers the income tax authorities to conduct inquiries. It provides powers to summon persons / witnesses, examine them under oath, compel production of books of account and documents, and issue commissions. The power of enforcing attendance of a person under this section is the same as available under the Code of Civil Procedure.
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