https://www.taxtmi.com/caselaws?id=351130 The court found the requisition under section 132A of the Income-tax Act invalid as it lacked necessary material for a "reason to believe." The requisition did not comply with procedural requirements, rendering subsequent notices under section 153A and 153C meaningless. The Assistant Commissioner's order was deemed legally untenable, leading to its quashing along with related notices. The court stressed the importance of meeting statutory requisites and having a reasonable basis for requisitions. en-us Wed, 19 Apr 2017 00:00:00 +0530 Mon, 20 Nov 2017 07:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351130 The court found the requisition under section 132A of the Income-tax Act invalid as it lacked necessary material for a "reason to believe." The requisition did not comply with procedural requirements, rendering subsequent notices under section 153A and 153C meaningless. The Assistant Commissioner's order was deemed legally untenable, leading to its quashing along with related notices. The court stressed the importance of meeting statutory requisites and having a reasonable basis for requisitions. Case-Laws Income Tax Wed, 19 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351130