INTERACTIVE SESSION WITH SHRI GOPAL MUKHERJEE, DGIT (INVESTIGATION-)EAST, Kolkata by EIRC of The ICAI, Kolkata on Friday, the 11th April, 2014

INTERACTIVE SESSION WITH

SHRI GOPAL MUKHERJEE, DGIT (INVESTIGATION-)EAST, Kolkata by EIRC of The ICAI, Kolkata on Friday, the 11^th April, 2014

The Eastern India Regional Council (EIRC) of The Institute of Chartered Accountants of India (ICAI) organized “Seminar on Search, Seizure & Survey” & “Interactive Session with the Honorable DGIT-Investigation (East)”for Chartered Accountants, on Friday, 11^th April 2014 at ICAI, Bhawan, 7 Russell Street, Kolkata-700071.

ShriGopal Mukherjee,Director General of I.Tax, (Investigation) East, along with other official from investigations wing attended and interacted with the members.

CA. Subhash Chandra Saraf, Chairman, EIRC welcomed the DGIT (Inv) East and also delegates and stated that EIRC is privileged to have the presence of the DGIT (Inv) East. He stressed the need for better compliance by the parties searched and also placed his views before the authorities for better administration of search and survey proceedings so that process is smooth without any hindrance. 

ShriGopal Mukherjee, DGIT (Inv) in his interaction stated that the assesses should not get panicked by Income Tax search& survey but should cooperate and provide correctfacts to the Department. He further stated thatofficers are not supposed to exert any pressure on the party during search & survey operation. He also stated that their main focus is to identify correct & proper disclosure of the income and assets of the party searched. He also addressed large number of queries of themembers in relation to search and survey proceedings and assured that department will take all possible steps to remove or solve administrative issues cropping up during and after the search and survey proceedings.He also mentioned that he is happy to note that Chartered Accountants representing in the department on behalf of their clients are partners with the government and they are lending their helping hand in the process for better tax collection and compliances for the Department.

CA S.S. Gupta & CA JineshVazara spoke about various issues related to Search and Seizure and also deliberated upon various judicial pronouncements recently with respect to search and survey proceedings.