What Is a Liaison Office? A Liaison Office, as defined by the Foreign Exchange Management Act (FEMA), serves as a business outpost designed to facilitate communication between the principal office (or head office) and entities in India. Crucially, it does not engage in any commercial, trading, or industrial activities, either directly or indirectly. It operates…

The terms ‘Search’ and ‘Seizure’ have not been defined in the Income-tax Act. The word ‘Search’ has varied meanings and it should be given the general meaning ‘to look for’ or ‘seek’ which are well known meanings attributable to the word”. “Seizure is an expression which implies a forcible exaction or taking possession from either…