The Taxation on Income (Investigation Commission) Act, 1947

( ACT NO. XXX Of 1947 )

An Act to provide for an investigation into matters relating to taxation on income.♣

WHEREAS it is expedient, for the purpose of ascertaining whether the actual incidence of taxation on income is and has been in recent years in accordance with the provisions of law, and the extent to which the existing law and procedure for the assessment and recovery of such taxation is adequate to prevent the evasion thereof, to make provision for an investigation to be made into such matters;
It is hereby enacted as follows:-