Invalidity of Income-tax Notice: Section 148 quashed for failing to meet Section 151(1) satisfaction. Rule absolute.

The notice under section 148 of the Income-tax Act, 1961 for the assessment year 1964-65 was quashed in the case. The court found that the satisfaction required under section 151(1) was not met, resulting in the ruling that the notice was invalid. The rule was made absolute, and there was no order as to costs.

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The petitioner challenged a notice under section 148 of the Income-tax Act, 1961 for the assessment year 1964-65. The notice was quashed as the satisfaction required under section 151(1) was not met. The rule was made absolute with no order as to costs.

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