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of <h1>Writ of prohibition denied for asset info request by Income-tax Officer.</h1> <h3>Smt. Kantamani Venkatasatyavathi Versus Income-Tax Officer, B-Ward, Rajahmundry.</h3> The petition for a writ of prohibition to prevent the respondent from seeking asset and liability statements was dismissed by the ANDHRA PRADESH High ... ITO not only informed the petitioner under what provisions of law he was demanding the material, but the petitioner was also informed that these statements were called for - ITO was competent to issue notice u/s 142 The petitioner sought a writ of prohibition to stop the respondent from requesting statements of assets and liabilities. The court ruled that the Income-tax Officer was authorized to request such information under section 142(1)(ii) of the Income-tax Act, 1961. The petition was dismissed. (Case: 1966 (3) TMI 11 - ANDHRA PRADESH High Court, Judge: GOPALA RAO EKBOTE)
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