https://www.taxtmi.com/caselaws?id=7033 The court upheld the jurisdiction of the first respondent to issue a notice under section 226(3) of the Income-tax Act, 1961, finding that the debt was repayable on demand based on promissory notes. It ruled that the Income-tax Officer was entitled to proceed under section 226(3) as the petitioner had admitted the debt and agreed to pay it towards tax arrears. Additionally, the court clarified that there was no requirement to issue a certificate under section 222 before proceeding under section 226. The writ petitions were dismissed, affirming the validity of the proceedings under sections 222 and 226. en-us Thu, 10 Aug 1967 00:00:00 +0530 Sun, 08 Feb 2009 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7033 The court upheld the jurisdiction of the first respondent to issue a notice under section 226(3) of the Income-tax Act, 1961, finding that the debt was repayable on demand based on promissory notes. It ruled that the Income-tax Officer was entitled to proceed under section 226(3) as the petitioner had admitted the debt and agreed to pay it towards tax arrears. Additionally, the court clarified that there was no requirement to issue a certificate under section 222 before proceeding under section 226. The writ petitions were dismissed, affirming the validity of the proceedings under sections 222 and 226. Case-Laws Income Tax Thu, 10 Aug 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7033