1992 (7) TMI 59 - HC - Income Tax

Summary

The petitioner filed a return of income for the assessment year 1989-90, claiming payments to foreign collaborators were not taxable. The Income-tax Officer issued a notice under section 148, challenged in a writ petition. The court found the Officer had recorded sufficient reasons for the notice, and the petitioner could raise further points in response to the notice. The writ petition was dismissed.