https://www.taxtmi.com/caselaws?id=7516 The court dismissed the petition, affirming the Income-tax Officer's jurisdiction to issue the notice under Section 148 of the Income-tax Act, finding no abdication of jurisdiction to the Directorate of Inspection. The court held that the list of bogus hundi brokers and bankers provided relevant material for forming the belief that the petitioner's income had escaped assessment. The application was dismissed with costs, and a hearing fee of Rs. 250 was assessed. en-us Wed, 26 Feb 1969 00:00:00 +0530 Sat, 21 Feb 2009 19:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7516 The court dismissed the petition, affirming the Income-tax Officer's jurisdiction to issue the notice under Section 148 of the Income-tax Act, finding no abdication of jurisdiction to the Directorate of Inspection. The court held that the list of bogus hundi brokers and bankers provided relevant material for forming the belief that the petitioner's income had escaped assessment. The application was dismissed with costs, and a hearing fee of Rs. 250 was assessed. Case-Laws Income Tax Wed, 26 Feb 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7516