Production
and
preservation
of books,
attendances,
etc.
(1) For the purpose of obtaining full information in respect of the
income of a person or class of persons, the Commissioner may, by notice in
writing, require, in the case of the income of a person, that person or any other
person, and in the case of a class of persons, any person -
(a) to produce for examination by the Commissioner at the time and
place specified in the notice, any accounts, books of account, and
other documents which the Commissioner may consider
necessary
(b) to produce forthwith for retention by the Commissioner for such
period as may be reasonable for their examination any accounts,
books of account and other documents which the Commissioner
may specify in the notice;
(c) not to destroy, damage or deface on or after service of the notice
any of the accounts, books of account and other documents so
specified without permission of the Commissioner in writing:
Provided that in the case of a banker the powers of the Commissioner
under this section shall be limited to the inspection of books or documents at the
place at which they are kept and to the taking of copies of any relevant entries
therein.
(2) The Commissioner may, by notice in writing, require a person
entitled to or in receipt of income, whether on his own behalf or as
representative of another person, to attend at the time and place specified in the
notice for the purpose of being examined as to his income or the income of the
other person or any transaction or matter appearing to be relevant thereto.
(3) The Commissioner may exercise the powers conferred on him by
this section in relation to a year of income at any time prior to the expiry of
seven years after that year of income; but where the Commissioner has
reasonable cause to believe that fraud or gross or wilful neglect has been
committed in connection with, or in relation to, tax for a year of income, the
Commissioner may exercise those powers in relation to any year of income
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