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ALL ABOUT NOTICE U/S 133 ( 6 ) Section 133 ( 6 ) of the Income Tax Act , 1961 (ITA) pertains to the power of income tax authorities to collect information for the purposes of taxation. This section grants authority to an income tax officer to require any person to furnish information or documents relevant to a tax inquiry or proceeding. Section 133 ( 6 ) Of Income Tax Act : Time Limit, Case Laws, Penalty And How To Respond To Notices Income tax department takes tax filings very seriously. It is known to take strict and prompt action against any wrongdoers; in just the month of July 2023, the department issued 1 lakh+ notices to taxpayers suspected of underreporting or misreporting their income in their tax filings. Under Section 133 ( 6 ) of the Income Tax Act , notices may be sent to any taxpayer who filed suspicious income tax ... What Is Section 133 ( 6 ) of the Income Tax Act ? Section 133 ( 6 ) gives tax officers a superpower to ask for information from anyone-individuals, banks, employers, or third parties-if they think it’s needed for checking taxes or doing an investigation. Discover what it means if you receive a notice u/s 133 ( 6 ): what powers the tax department has and how to respond effectively.
