2002 (2) TMI 1285

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..... ongly construed the provisions of Section 133(6) of the Income Tax Act and the notice dated 7th July, 2000 under that sub-section could not have been issued asking for information regarding repayment of loans for the periods referred to in the said notice. Learned senior counsel submits that there was no inquiry which was pending and that the omnibus notice requiring the furnishing of information .....

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..... he Deputy Commissioner (Appeals), the Joint Commissioner or the Commissioner (Appeals), will be useful for, or relevant to, any enquiry or proceeding under this Act: [Provided that the powers referred to in clause (6) may also be exercised by the Director General, the Chief Commissioner, the Director and the Commissioner:] [Provided further that the power in respect of an inquiry, in a case wh .....

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..... at before this power can be invoked the approval of the Director or the Commissioner, as the case may be, has to be obtained. In the instant case, the notice dated 7th July, 2000 indicates that it was at the instance of the Director of Income-Tax (Investigation) that the information was sought for. We agree with the construction of the Section as placed by the Single Judge and the Division Bench .....

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