Dismissed
Kavalangad Service Co-Operative Bank Limited, v. the Income Tax Officer (I and C)
Kerala HCITA/292/2019
Case brief
AI extract
What is this about?
The Court dismissed appeals filed by various Co-operative Banks challenging notices issued by the Income Tax Officer (Intelligence) under Section 133(6) and subsequent penalty orders. Relying on Notification No. 42/2011 and Section 120 of the Income Tax Act, the Court held that the Intelligence Officer was authorized to issue such notices, distinguishing the earlier Kathiroor case. The appeals wer
What did the court decide?
null