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Section58
The Finance Act, 2002

Amendment of section 133A

In force As on 12 Oct 2026

Ministry Finance Cited by 1 provision

Section 58 of the Finance Act, 2002 deals with amendment of section 133A. 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

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.

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Section 58, The Finance Act, 2002.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. Income-tax Act s. 133A Power of survey

Referred to by 1

  1. s. First Schedule First Schedule

Questions about Section 58

What does Section 58 of the Finance Act deal with?

Section 58 of the Finance Act is headed "Amendment of section 133A". 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

How do I find court cases under Section 58 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2002 58, section 58 Finance Act 2002, section 58 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 58 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 133A (Power of survey), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was the Finance Act enacted?

Finance Act was enacted in 2002. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument. This page is not a substitute for legal advice.