https://www.taxtmi.com/caselaws?id=6952 The Income-tax Officer was competent to call for a statement of assets and liabilities under section 142(1)(ii) where the request related to a pending assessment and was made for the purpose of making that assessment. The provision expressly authorised a person who had filed a return to be required to furnish written information on matters relevant to the assessment, including assets and liabilities whether or not reflected in the accounts. Because the notice was issued for assessment year 1962-63 while the assessment was pending, the demand fell within statutory power, and any objection to the future use of the material was premature. en-us Fri, 25 Mar 1966 00:00:00 +0530 Sat, 07 Feb 2009 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6952 The Income-tax Officer was competent to call for a statement of assets and liabilities under section 142(1)(ii) where the request related to a pending assessment and was made for the purpose of making that assessment. The provision expressly authorised a person who had filed a return to be required to furnish written information on matters relevant to the assessment, including assets and liabilities whether or not reflected in the accounts. Because the notice was issued for assessment year 1962-63 while the assessment was pending, the demand fell within statutory power, and any objection to the future use of the material was premature. Case-Laws Income Tax Fri, 25 Mar 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6952