Tag Archives: section 132 income tax

Reason to believe to conduct Income Tax search, etc. not to be disclosed.

By | March 1, 2018

CBDT CIRCULAR NO.2/2018 [F.NO.370142/15/2017-TPL], DATED 15-2-2018 52. Reason to believe to conduct a search, etc. not to be disclosed. 52.1 Sub-sections (1) and (1A) of section 132 of the Income-tax Act provide that where an authority mentioned therein, based on the information in his possession, has ‘reason to believe’ or ‘reason to suspect’ of circumstances referred to… Read More »