Issuance of notice u/s 131 (1A) of the Income Tax Act’1961 after conclusion of Income Tax Search and Seizure u/s 132 of the Income Tax Act’1961 – Legal Paradox

Introduction: Ever since the enactment of the original Income-tax statute of 1922, the Income-tax authorities have been vested with certain powers that are coterminous with the powers of a Court under the Code of Civil Procedure, 1908. Section 131 of the Income-tax Act, 1961 is one such provision which includes, inter alia, the power to […]

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