https://www.taxtmi.com/caselaws?id=171459 The court upheld the validity of notices issued to Co-operative Banks under Section 133(6) of the Income Tax Act. It determined that Co-operative Societies, including Co-operative Banks, qualify as 'persons' under the Act. The requirement of prior approval for issuing notices was clarified, and the court found that in some instances, the necessary approval had been obtained. Additionally, the court affirmed the jurisdiction of the Income Tax Officer to issue the notices, emphasizing that the term 'Assessing Officer' encompasses various officials. The petitioners were given six weeks to comply with the directions outlined in the notices. en-us Tue, 18 Aug 2009 00:00:00 +0530 Tue, 21 Jul 2015 11:29:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171459 The court upheld the validity of notices issued to Co-operative Banks under Section 133(6) of the Income Tax Act. It determined that Co-operative Societies, including Co-operative Banks, qualify as 'persons' under the Act. The requirement of prior approval for issuing notices was clarified, and the court found that in some instances, the necessary approval had been obtained. Additionally, the court affirmed the jurisdiction of the Income Tax Officer to issue the notices, emphasizing that the term 'Assessing Officer' encompasses various officials. The petitioners were given six weeks to comply with the directions outlined in the notices. Case-Laws Income Tax Tue, 18 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171459