Site navigation

During a survey under section 253 of the Income-tax Act, 2025, the authority impounds books of account after recording its reasons. For how long can it retain them without the prior approval of the…

Question and options

During a survey under section 253 of the Income-tax Act, 2025, the authority impounds books of account after recording its reasons. For how long can it retain them without the prior approval of the approving authority?

  1. Up to 30 days, excluding holidays

  2. Up to 10 days, excluding holidays

  3. Up to 15 days, excluding holidays

  4. Up to 15 days, including holidays

Answer and explanation

Correct answer: C - Up to 15 days, excluding holidays

Section 253(5)(c) of the Income-tax Act, 2025 lets the survey authority impound books, documents or a computer system and retain them for up to fifteen days, exclusive of holidays; retention beyond that needs the prior approval of the approving authority. Holidays are excluded from the fifteen days, not counted in them.

Practice for these exams

Related exam syllabi

More solved explanations in Income tax - assessment, appeals, penalties & prosecution