Daily Archives: April 4, 2026

Section 528 Income Tax Act 2025 Power of Central Government or Board to condone delays in obtaining approval. 528. Where, the approval of the Central Government or the Board is required to be obtained before a specified date under this Act, it shall be open to the Central Government or the Board to condone, for sufficient… Read More »

Section 527 Income Tax Act 2025 Power to make exemption, etc., in relation to participation in business of prospecting for, extraction, etc., of mineral oils. 527. (1) If the Central Government is satisfied that it is necessary or expedient in the public interest, it may, by notification, make an exemption, reduction in rate, or other modification… Read More »

Section 526 Income Tax Act 2025 Bar of suits in civil courts. 526. No suit shall be brought in any civil court to set aside or modify any proceeding taken or order made under this Act, and no prosecution, suit or other proceeding shall lie against the Government or any officer of the Government for anything… Read More »

Section 525 Income Tax Act 2025 Authorisation and assessment in case of search or requisition. 525. (1) Irrespective of anything contained in this Act,— (a) it shall not be necessary to issue an authorisation under section 247 or make a requisition under section 248 separately in the name of each person; (b) where an authorisation under section 247 has been issued or… Read More »

Section 524 Income Tax Act 2025 Presumption as to assets, books of account, etc. 524. (1) Where any books of account, other documents, money, bullion, jewellery, virtual digital asset or other valuable article or thing or any information in electronic form as defined in section 261(g) or on a computer system as defined in section 261(e) or any computer system… Read More »

Section 523 Income Tax Act 2025 Notice deemed to be valid in certain circumstances. 523. (1) Where an assessee has appeared in any proceeding or co-operated in any inquiry relating to an assessment or reassessment, it shall be deemed that any notice under this Act, which is required to be served upon him, has been duly… Read More »

Section 522 Income Tax Act 2025 Return of income, etc., not to be invalid on certain grounds. 522. No return of income, assessment, notice, summons or other proceeding, furnished or made or issued or taken, or purported to have been furnished or made or issued or taken, in pursuance of any of the provisions of this… Read More »

Section 521 Income Tax Act 2025 Probation of Offenders Act, 1958 and section 401 of Bharatiya Nagarik Suraksha Sanhita, 2023, not to apply. 521. The provisions of the Probation of Offenders Act, 1958 (20 of 1958) and section 401 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (46 of 2023) shall not apply to a person convicted… Read More »

Section 520 Income Tax Act 2025 Cognizance of offences. 520. No court inferior to that of a Judicial Magistrate of the first class shall try any offence under this Act.