# The Finance Act, 1995, Section 27: Amendment of section 133

- Act: The Finance Act, 1995 (Act 22 of 1995)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1995/section/27/

## Text

Amendment of section 133. 27. In section 133 of the income-tax Act, in clause (6), with effect from the 1st day of July, 1995 — (a) after the words "will be useful for, or relevant to, any", the words "inquiry or" shall be inserted; and (b) after the proviso, the following proviso shall be inserted, namely:— "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.". [Finance Act, 1995] © Copyright. Taxmann Publications Pvt. Ltd.

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