SHORT ANSWER:
Yes, the tax department can conduct raids without prior notice under certain conditions.
DETAILS:
- The Income Tax Department can carry out searches and seizures under Section 132 of the Income Tax Act, 1961.
- Raids can be conducted if there is credible information regarding tax evasion or concealment of income.
PUNISHMENT / IMPLICATIONS (if applicable):
- If tax evasion is confirmed, the individual may face penalties and prosecution under the Income Tax Act.
SOURCE:
- Income Tax Act, 1961
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