Income Tax Act 2023
Section 200 - Collection of Information
(as updated till Finance Act 2024)
(1) For the purposes of this Act, any such authority, not below the rank of Deputy Commissioner of Taxes, shall by notice in writing, from any person, and in such manner and by means as may be specified in the notice, and within such period as may be specified in the notice, call for such information as he may deem necessary for the purpose of carrying out the functions under this Act.
(2) Any income-tax authority, not below the rank of Deputy of Commissioner of tax, may, by notice in writing or by electronic means, from any person, and in such manner and by such means as may be specified in the notice, and within the time specified in the notice, call for such information as may be necessary or relevant to any investigation pending or proceeding under this Act:
Provided that no income tax authority subordinate to the Commissioner of Taxes shall call for any information from any bank or 1[finance company] without the approval of the Commissioner of Taxes.
1 The words “finance company” were substituted for the word “financial institution” by section 14(a) of the Finance Act, 2024 (Act No. V of 2024) with effect from 1st July 2024.
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.