https://www.taxtmi.com/caselaws?id=368968 Section 132A permits requisition of assets where the income-tax authority, on information in its possession, records reason to believe that statutory conditions are satisfied. The recorded satisfaction and underlying material form part of the authority's internal decision-making, and the Explanation to Section 132A means they are not required to be disclosed to any person, authority or tribunal. The court relied on the statutory text and later Supreme Court authority to reject a claimed right to obtain the recorded reasons. The challenge to the requisition notice therefore failed, and non-disclosure of the reasons did not invalidate the action. en-us Fri, 07 Sep 2018 00:00:00 +0530 Tue, 16 Oct 2018 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368968 Section 132A permits requisition of assets where the income-tax authority, on information in its possession, records reason to believe that statutory conditions are satisfied. The recorded satisfaction and underlying material form part of the authority's internal decision-making, and the Explanation to Section 132A means they are not required to be disclosed to any person, authority or tribunal. The court relied on the statutory text and later Supreme Court authority to reject a claimed right to obtain the recorded reasons. The challenge to the requisition notice therefore failed, and non-disclosure of the reasons did not invalidate the action. Case-Laws Income Tax Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368968