https://www.taxtmi.com/caselaws?id=6083 Section 133(6) was construed as an information-gathering power permitting the revenue to require any person, including a banking company, to furnish information relevant to an enquiry or proceeding under the Act. The second proviso was read as authorising use of that power even when no inquiry or proceeding was pending, provided prior approval of the Director or Commissioner, as applicable, was obtained before issuing the notice. On the stated facts, the notice was issued at the instance of the Director of Income-tax (Investigation), so the statutory safeguard was satisfied and the notice was treated as valid. en-us Mon, 25 Feb 2002 00:00:00 +0530 Mon, 01 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6083 Section 133(6) was construed as an information-gathering power permitting the revenue to require any person, including a banking company, to furnish information relevant to an enquiry or proceeding under the Act. The second proviso was read as authorising use of that power even when no inquiry or proceeding was pending, provided prior approval of the Director or Commissioner, as applicable, was obtained before issuing the notice. On the stated facts, the notice was issued at the instance of the Director of Income-tax (Investigation), so the statutory safeguard was satisfied and the notice was treated as valid. Case-Laws Income Tax Mon, 25 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6083