SHORT ANSWER:
Yes, the income tax department can freeze a bank account without prior notice under certain conditions.
DETAILS:
- This action is taken under Section 281B of the Income Tax Act, 1961.
- It is done to protect the interest of the revenue in cases of pending assessments or investigations.
PUNISHMENT / IMPLICATIONS (if applicable):
- The account may remain frozen until the tax liability is resolved.
SOURCE:
- Income Tax Act, 1961
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