1991 (1) TMI 111 - HC - Income Tax

Summary

The High Court of Allahabad quashed an income tax notice issued under sections 147(b) and 148 of the Income-tax Act, 1961 for the assessment year 1975-76. The court found that the notice was invalid as the Income-tax Officer was attempting to rectify mistakes in the assessment rather than having valid reasons to believe income had escaped assessment. The court allowed the writ petition and no costs were awarded.