https://www.taxtmi.com/caselaws?id=16522 The court held that the notice issued under section 131(1)(d) of the Income-tax Act was invalid as it lacked a pending proceeding, rendering the investigation unauthorized. It emphasized that such powers require a pending proceeding, citing relevant case law. The court rejected the argument that the notice itself initiated a proceeding, clarifying that it did not justify the investigation period. Consequently, the court quashed the notice and allowed the writ petition without costs. en-us Tue, 18 Aug 1998 00:00:00 +0530 Tue, 08 Sep 2009 13:00:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16522 The court held that the notice issued under section 131(1)(d) of the Income-tax Act was invalid as it lacked a pending proceeding, rendering the investigation unauthorized. It emphasized that such powers require a pending proceeding, citing relevant case law. The court rejected the argument that the notice itself initiated a proceeding, clarifying that it did not justify the investigation period. Consequently, the court quashed the notice and allowed the writ petition without costs. Case-Laws Income Tax Tue, 18 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16522