What happens when income tax falls red? Know the whole process and your duties

News India Live, Digital Desk: Tax Evision: Raid of income tax “or” printed “-On hearing these words, big traders and rich people are left sweating. In films we have often seen how the officials suddenly enter someone’s house or office and destroy everything. But how is this process in real life? What is its rules and what are your rights as a common citizen? Let’s understand it in easy language.

First of all, understand the difference between ‘survey’ and ‘red’

Often people understand these two as the same, but there is a difference of ground and sky.

What happens when it falls red?

1. Warrant and ID Card: The team first shows you search warrant and your identity card.

2. Home sealed: All the ways of the house are sealed. Without the permission of the authorities, no person can come in nor go out. Phone connections are also cut off.

3. Search: Officers can search every corner of the house, every person and every item.

4. Panchnama: A list of whatever goods or cash is seized is made, which is made ‘Panchnama’ They say. It is signed by officers, individuals and two witnesses.

What are your rights as a citizen?

Do not panic if you have red here, because the law has also given you some rights:

• Warrant check: You can ask the authorities to show search warrant and their identity card.

• Two witnesses: The search process will be in front of your two knowers or neighbors (witnesses).

• Woman searched: Only a female officer can search any woman.

• Food and Medical Facility: You can ask officers to eat food or call a doctor in a medical emergency.

• Children’s School: Your children can go to school after getting their school bag checked.

• Copy of Panchnama: You have the full right to take a copy of the Panchnama, the list of seized goods.

How much gold and cash cannot be confiscated?

This is the most common question. According to the rule, gold cannot be confiscated to a certain extent, provided it matches your income:

• married woman: 500 grams of gold

• Unmarried woman: 250 grams of gold

• Male Member: 100 grams gold

If you have to sleep more than this and you are unable to give account of it (from where, how to bought), then it can be confiscated. Similarly, if you tell the correct source of cash found in the house, it is not seized.

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