Muhamma Service Co-Operative Bank Limited v. the Income Tax Officer (I and C)
Case brief
What is this about?
Thirty-four appeals by co-operative banks against notices issued by the Income Tax Officer (Intelligence) under Section 133(6) of the Income Tax Act, 1961, calling for information, and against the resulting penalties. The court held the officer had jurisdiction under the notification dated 19.8.2011 read with Section 120, found no substantial question of law, and dismissed the appeals.