1966 (3) TMI 11 - HC - Income Tax

ITO not only informed the petitioner under what provisions of law he was demanding the material, but the petitioner was also informed that these statements were called for - ITO was competent to issue notice u/s 142

Summary

The petitioner sought a writ of prohibition to stop the respondent from requesting statements of assets and liabilities. The court ruled that the Income-tax Officer was authorized to request such information under section 142(1)(ii) of the Income-tax Act, 1961. The petition was dismissed. (Case: 1966 (3) TMI 11 - ANDHRA PRADESH High Court, Judge: GOPALA RAO EKBOTE)