https://www.taxtmi.com/caselaws?id=39140 The court dismissed the challenge to the notice under section 148 of the Income-tax Act, 1961 for the assessment year 1966-67. The petitioners, a foreign non-resident company, contested the validity of the notice addressed to a director regarding alleged income escaping assessment. The court held that the director's connection with the company's legal affairs was sufficient to deem him the principal officer. The judge emphasized that the Income-tax Officer's intention, if supported by material, was crucial in determining the director's status. The court differentiated the director's role from that of an official liquidator and upheld the officer's decision, ultimately rejecting the application and vacating interim orders. en-us Thu, 18 Dec 1975 00:00:00 +0530 Tue, 13 Apr 2010 12:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39140 The court dismissed the challenge to the notice under section 148 of the Income-tax Act, 1961 for the assessment year 1966-67. The petitioners, a foreign non-resident company, contested the validity of the notice addressed to a director regarding alleged income escaping assessment. The court held that the director's connection with the company's legal affairs was sufficient to deem him the principal officer. The judge emphasized that the Income-tax Officer's intention, if supported by material, was crucial in determining the director's status. The court differentiated the director's role from that of an official liquidator and upheld the officer's decision, ultimately rejecting the application and vacating interim orders. Case-Laws Income Tax Thu, 18 Dec 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39140