# The Finance Act, 2002, Section 58: Amendment of section 133A

- Act: The Finance Act, 2002
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2002/section/58/

## Text

Amendment of section 133A. 58. In section 133A of the Income-tax Act, with effect from the 1st day of June, 2002,— (a ) in sub-section (3), after clause (i), the following clause shall be inserted, namely:— "(ia) impound and retain in his custody for such period as he thinks fit any books of account or other documents inspected by him: Provided that such income-tax authority shall not— (a) impound any books of account or other documents except after recording his reasons for so doing; or (b) retain in his custody any such books of account or other documents for a period exceeding fifteen days (exclusive of holidays) without obtaining the approval of the Chief Commissioner or Director General or Commissioner or Director therefor, as the case may be."; (b ) in sub-section (4), the words "any books of account or other documents or" shall be omitted. © Copyright. Taxmann Publications Pvt. Ltd.

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.