1991 (5) TMI 17

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....t petition is directed against notice issued under section 148 of the Income-tax Act, 1961. The notice is issued with respect to the assessment year 1974-75. According to the petitioner, prior to the issuance of the impugned notice, a similar notice was issued proposing to reopen the assessment under section 147(b). The petitioner made a representation to the Inspecting Assistant Commissioner, who....

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....he Telephone Department pays interest on the securities deposited with them under the 0. Y. T. Scheme till the period the connection is not sanctioned. The assessee-firm is having security deposit of Rs. 3,000 with the A. O., Delhi, and Rs. 1,068.40 with the U. P. Electric Supply Co., Lucknow. Interest on the above securities has not been returned by the assessee nor has any mention of this fact b....

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....hat the interest is payable on the security deposit made for obtaining telephone connection under the 0. Y. T. Scheme. It does not show that any such interest is payable on the deposit made with the U. P. Electric Supply Company. The sum sought to be included is Rs. 250. We find it surprising that, for including such a small amount, notices under section 148 were given twice over. Apart from that,....