https://www.taxtmi.com/caselaws?id=20390 The court held that the notices issued under section 133(6) of the Income-tax Act, demanding information on cardholders, were invalid as they did not relate to any existing proceeding. The petitioner, a credit card company, successfully argued that the requests for blanket information exceeded the powers granted under the Act. The court emphasized that information sought under section 133(6) must be relevant to ongoing proceedings and rejected the notion that cardholders formed a class of persons for tax assessment purposes. The petition was granted in favor of the petitioner, with costs awarded. en-us Thu, 26 Aug 1993 00:00:00 +0530 Fri, 13 Nov 2009 16:24:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20390 The court held that the notices issued under section 133(6) of the Income-tax Act, demanding information on cardholders, were invalid as they did not relate to any existing proceeding. The petitioner, a credit card company, successfully argued that the requests for blanket information exceeded the powers granted under the Act. The court emphasized that information sought under section 133(6) must be relevant to ongoing proceedings and rejected the notion that cardholders formed a class of persons for tax assessment purposes. The petition was granted in favor of the petitioner, with costs awarded. Case-Laws Income Tax Thu, 26 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20390