133B: collect information
Naveen Kumar (10 Points)
25 June 2021
Do authority has power to impound books of accounts?
1 Replies
Kiran Hathalia
(837 Points)
Replied 25 June 2021
Yes..as per section 133A, authority has a power to impound the books of accounts after recording reasons in writing for the same. The books of accounts can be impounded for the period of 15 days after which necessary approvals shall be taken by the concerned authority I.e.Chief Commissioner for extension of impounding period.
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