If authorized officers suspect someone hiding income, property, or documents to avoid paying taxes, they may examine and confiscate assets and accounts under Section 132 of the I-T Act, 1961 said a report in the Economic Times. If authorized officers suspect someone hiding income, property, or documents to avoid paying taxes, they may examine and confiscate assets and accounts under Section 132 of the I-T Act, 1961 said a report in the Economic Times. Zee News :Business