Legal requirements for IT searches

 Searches can be authorized in any of the following 3 situations-

(i) failed to produce books and documents U/S 131 or 142

(ii) Will not produce books and documents U/S 131 or 142

(iii) In possession of money, bullion, jewelry or other valuables, which has been or would not be disclosed

 Search is authorized by DGIT, PDIT toAddl DIT, DDIT and ITOs

 Search can be conducted at any premise, vehicle, device at any time of any day

 Presumption U/S 132 (4A) of Income tax Act

 Satisfaction need not be produced before appellate authorities