Live Webinar: Surveys under Income Tax Act, 1961

Description

Speaker: CA Hari Agarwal

Date: 28.06.2025

Time: 11:00 am to 1:00 pm

Fees: 749/- + GST

About the Speaker:

CA HARI AGARWAL is a seasoned Chartered Accountant with over thirty-eight years of professional expertise. As the Senior Partner, he has established himself as a leading authority in Survey, Search, and Seizure under Direct Taxes. He has represented numerous clients before key forums, including the ITAT and CIT (Appeals). His contributions to the profession are vast, encompassing the presentation of over 150 technical papers, authoring a monthly column, and delivering insightful talks on prestigious national platforms. Additionally, he has served as a faculty member for ICAI, further enriching the field with his knowledge and experience.

Webinar Agenda:

• Introduction
• Types of survey
• TDS survey
• Power of survey also applicable to charitable institutions
• Authorities empowered to conduct survey u/s 133A
• Jurisdiction of the income-tax authority for conducting the survey u/s. 133A (1)
• Places where the survey can be conducted u/s 133A(1)
• Time for commencement of survey u/s 133A(2)
• Powers of Income-Tax Authorities conducting survey
• Recording of statement during survey
• Retraction of statement made by the assessee
• Acts not permitted during a survey
• Limited powers of the income-tax inspector
• Rights of the tax payer during the survey
• Obligations of the tax payer during the survey
• No confessional statement can be obtained during survey
• Obligations of the tax payer during the survey
• No confessional statement can be obtained during survey
• Use of information, statements obtained during a survey proceedings
• Discrepancies found during the verification of stock and cash
• Presumption as to books of account, cash, stock, valuable article or thing found during course of survey
• Conversion of survey into search
• Issues in survey
• Post Survey Exercise
• Assessment Procedure
• Remedies after Survey Assessment
• Rate of Tax –Regular or Sec 115BBE
• Applicability of Penalty u/s.270A
• Illegal Survey
• Implications on GST
• Survey Under Section 133A(5)- Functions, Events Or Ceremonies
• Do’s and Dont’s for assessee