1. Power and
functions of DCT?
Ans:
Functions:
1. Issue of
notices.
2. Return of
notice.
3. Best
judgement of tax.
4. Call for
relevant information.
5. Extension
of return submission time.
6. Power to
inspect register.
7. Power of inquiry.
8. Other
functions:
a. Entry
charging.
B. Break
open.
C. Search.
Powers:
1. Power to
write off.
2. Power to
impose penalty.
3. Power to
appeal.
4. Power to
call for wealth explanation.
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