Survey is an examination of books of accounts by the A.O . This exercise is conducted on the spot and in terms of provision u/s 133A of the Income Tax Act.


Survey u/s 133A : 9 Actions Tax Law Does Not Permit !

The income tax department usually takes up the survey action in last three months , to achieve the target fixed by finance ministry. Contrary...

Survey u/s 133A : Why A.O Has No Power to Ask for Advance Tax...

Before , you proceed , please note that this post is not saying that A.O has no power to demand advance tax under I.T.Act...

How To Explain Undisclosed Purchase Caught in Survey u/s 133A?

X business premises has been surveyed U/s 133A of the Income tax Act. Those purchase invoice have been impounded for earlier year which has not been incorporated in his books. A.O. has issued notice U/s 148 of the I.T.Act and made addition u/s 69 of the Act, to the effect of Rs 800000/ out of