https://www.taxtmi.com/caselaws?id=239551 The SC upheld the assessing authority's power to issue notices under Section 133(6) of the Income Tax Act seeking information about customers with cash transactions or deposits exceeding Rs. 1,00,000 over three years. The Court clarified that the 1995 amendment expanded Section 133(6) to permit general enquiries without pending proceedings, requiring only Commissioner approval. The provision enables collection of information for survey purposes to identify potential tax evaders and ensure compliance. The Court distinguished between case-specific enquiries and general information gathering, holding that seeking depositor details above specified amounts is permissible under the expanded scope of Section 133(6). en-us Tue, 27 Aug 2013 00:00:00 +0530 Tue, 24 Jun 2025 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239551 The SC upheld the assessing authority's power to issue notices under Section 133(6) of the Income Tax Act seeking information about customers with cash transactions or deposits exceeding Rs. 1,00,000 over three years. The Court clarified that the 1995 amendment expanded Section 133(6) to permit general enquiries without pending proceedings, requiring only Commissioner approval. The provision enables collection of information for survey purposes to identify potential tax evaders and ensure compliance. The Court distinguished between case-specific enquiries and general information gathering, holding that seeking depositor details above specified amounts is permissible under the expanded scope of Section 133(6). Case-Laws Income Tax Tue, 27 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239551