2015 (8) TMI 230

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.... :- C.S.C., It, Govind Krishna ORDER We have heard Sri N.C. Gupta, the learned counsel for the petitioner and Sri Ashok Kumar, the learned counsel appearing for the income tax department. The petitioner is a contractor and has a contract with the Indian Railways. The petitioner alleges that in order to pay wages to his workers, he was taking a sum of Rs. 2,80,000/- to the site when the sa....

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....r affidavit filed by the income tax department indicates that upon coming to know of the seizure of the money by the Magistrate, a satisfactory note was drawn by the Additional Director (Investigation) Income Tax, Allahabad and, upon drawing satisfaction, proceedings under Section 132A of the Act was initiated and a requisition of the amount seized by the district authorities was made. The money w....

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....1st July, 2012. For facility, the said proviso is extracted hereunder:- "Provided also that the Central Government may by rules made by it and published in the Official Gazette (except in cases where any assessment or reassessment has abated under the second proviso), specify the class for classes of cases in which the Assessing Officer shall not be required to issue notice for assessing or rea....