ITAT has wide powers to call for records / examine the records and Such powers cannot be curtailed: HC

Delhi High Court dismisses writ petition filed by Revenue and held that Income Tax Appellate Tribunal being an appellate body has wide powers to call for records/examine the records. Such powers cannot be curtailed and the Revenue cannot refuse to produce the records. The Revenue claims to be aggrieved by the direction of the Income Tax Appellate Authority (ITAT) with respect to a previous order passed under Section 127. It contends that having regard to the presumptive nature of Section 124 in the given facts of the case, the Tribunal could not have examined the existence of the said order in...