Information u/s 133(6)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 February 2011
Can an AO call for information from Governement Departments (say Sub Registrar or Banks) with regard to transactions exceeding certain limits in common (eg who ever registered property in excess of 5 lakhs )?
If yes, can he in turn question each person out the list obtained above,the sources for the said transactions in each case even if no assessment is pending before him.
If yes, can he in turn question each person out the list obtained above,the sources for the said transactions in each case even if no assessment is pending before him.
16 February 2011
The AO can seek information u/s 133(6) though there is no proceedings pending before him / her.
Citation :-
HIGH COURT OF KERALA
Kechery Service Co-operative Bank Ltd.
v.
Commissioner of Income-tax
G. SIVARAJAN AND J.M. JAMES, JJ.
WRIT APPEAL NOS. 322, 330 TO 333, 343, 346, 347, 351, 352, 357, 358
AND 367 TO 372 OF 2003
FEBRUARY 25, 2003
Citation :-
HIGH COURT OF KERALA
Kechery Service Co-operative Bank Ltd.
v.
Commissioner of Income-tax
G. SIVARAJAN AND J.M. JAMES, JJ.
WRIT APPEAL NOS. 322, 330 TO 333, 343, 346, 347, 351, 352, 357, 358
AND 367 TO 372 OF 2003
FEBRUARY 25, 2003
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Reporting Income under Section 44ADA
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
