https://www.taxtmi.com/caselaws?id=398752 The court upheld the validity of notices issued under section 133(6) of the Income-tax Act before Notification No. 77 of 2014, ruling that the Income-tax Officer (Intelligence) had authority based on existing notifications. The court validated the notices, clarified the legality of the inquiry process, and affirmed that the term "person" under the Act includes entities like cooperative banks. Penalties imposed for non-compliance were deemed justified, leading to the dismissal of the appeals with no costs awarded. en-us Wed, 19 Feb 2020 00:00:00 +0530 Wed, 23 Sep 2020 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398752 The court upheld the validity of notices issued under section 133(6) of the Income-tax Act before Notification No. 77 of 2014, ruling that the Income-tax Officer (Intelligence) had authority based on existing notifications. The court validated the notices, clarified the legality of the inquiry process, and affirmed that the term "person" under the Act includes entities like cooperative banks. Penalties imposed for non-compliance were deemed justified, leading to the dismissal of the appeals with no costs awarded. Case-Laws Income Tax Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398752