SEARCH & SEIZURE AND SURVEY

What are the duties of a witness during a search operation?

What steps should be followed before and at the beginning of the search operation?

When should the jurisdictional PCIT be informed about the commencement of a survey operation?

• Within 1 hour

• Within 2 hours

• Within 3 hours

• Within 4 hours

What is the authority required to approve the SAT Note?

• Jurisdictional Jt.

• Jurisdictional CIT

• Jurisdictional Addl.CIT

• Jurisdictional Pr. CIT

What is the maximum retention period for impounding books of account or documents?

• 10 days

• 15 days

• 20 days

• 30 days

What is the maximum accounted cash limit for conversion into a search operation in Delhi?

• Rs. 5 lakhs

• Rs. 10 lakhs

• Rs. 15 lakhs

• Rs. 20 lakhs

What is the consequence if a person refuses to cooperate with the Income Tax authority?

• Fine of Rs. 500

• Fine of Rs. 1000

• Imprisonment for 3 months

• Imprisonment for 6 months

What is the SOP dated 07.09.2021 in F.No.414/102/2021 - IT (INV.1) related to?

• Survey Operations

• Search Operations

• Income Tax Returns

• Tax Evasion

What are the powers of search under section 132 of the Income Tax Act 1961?

• To enter and search any building, place, vessel, vehicle or aircraft

• To break open any door, locker, safe, almirah or other receptacle if keys are not available

• To search any person who has got out or above to get in

• Require the presence of any person who is believed to be in possession of any books of accounts or any other documents in electronic form as defined under the Information Technology Act, 2000

• To seize any books of accounts, documents, cash, jewellery, bullion, or any other artefacts or articles if the same is not Stock in Trade