Power to call for information.
43133. The 44[Assessing] Officer, the 45[Deputy Commissioner (Appeals),] 46[the 47[Joint
Commissioner] or the Commissioner (Appeals)] may, for the purposes of this
Act,—
(1) require any firm to
furnish him with a return of the names and addresses of the partners of the
firm and their respective shares ;
(2) require any Hindu undivided family to furnish
him with a return of the names and addresses of the manager and the members of
the family ;
(3) require any person
whom he has reason to believe to be a trustee, guardian or agent, to furnish
him with a return of the names of the persons for or of whom he is trustee,
guardian or agent, and of their addresses ;
(4) require any assessee to furnish a statement of
the names and addresses of all persons to whom he has paid in any previous year
rent, interest, commission, royalty or brokerage, or any annuity, not being any
annuity taxable under the head “Salaries” amounting to more than 48[one thousand rupees, or such higher
amount as may be prescribed], together with particulars of all such payments made ;
(5) require any dealer, broker or agent or any
person concerned in the management of a stock or commodity exchange to furnish
a statement of the names and addresses of all persons to whom he or the
exchange has paid any sum in connection with the transfer, whether by way of
sale, exchange or otherwise, of assets, or on whose behalf or from whom he or
the exchange has received any such sum, together with particulars of all such
payments and receipts ;
(6) require any person, including a banking
company or any officer thereof, to furnish information in relation to such
points or matters, or to furnish statements of accounts and affairs verified in
the manner specified by the 49[Assessing]
Officer, the 50[Deputy
Commissioner (Appeals)] 51[, the 52[Joint Commissioner] or the Commissioner
(Appeals)], giving information in relation to such points or matters as, in the
opinion of the 53[Assessing]
Officer, the 54[Deputy
Commissioner (Appeals)] 51[, the 52[Joint Commissioner] or the Commissioner
(Appeals)], will be useful for, or relevant to, any 55[enquiry56 or] proceeding56 under this Act :
57[Provided that the powers
referred to in clause (6), may also be exercised by the
Director-General, the Chief Commissioner, the Director and the Commissioner :]
58[Provided further that the power
in respect of an inquiry, in a case where no proceeding is pending, shall not
be exercised by any income-tax authority below the rank of Director or
Commissioner without the prior approval of the Director or, as the case may be,
the Commissioner.]