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 to the intention of the legislature, the provision u/s 133A which empowers specified income tax authorities to conduct survey are being used to garner more advance tax. The fact is that the there is no income tax law under which advance tax can be demanded by the assessing officer.

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