A notification to this effect was issued by the Central Board of Direct Taxes (CBDT) on Tuesday, the officials said requesting anonymity. Section 138 of the Income-tax Act, 1961 empowers CBDT to furnish information received or obtained by income tax authorities to any other enforcement authority, they added. “The recent notification allows the tax department to share information of a taxpayer which might be relevant for the notified enforcement agencies,” he added. The officials cited above said seamless sharing of information with enforcement authorities such as NIA and NCB aims at greater national security. “The move has also made information exchange between the tax authority and other agencies formal and legally tenable in a court of law,” the second official added.

Source: Hindustan Times July 23, 2020 18:14 UTC