Tag Archives: proceeding

Section 133(6) notice could be validly issued even if no proceeding or enquiry pending

By | November 24, 2016

Held “In the instant case, by the impugned notice the assessing authority sought for information in respect of its customers which have cash transactions or deposits of Rs. 1,00,000/- or above for a period of three years, without reference to any proceeding or enquiry pending before any authority under the Act. Admittedly, in the present case… Read More »