Information uploaded by investigation wing doesn’t amount to handing over of material to AO: Delhi HC

ATS Township Pvt Ltd Vs ACIT Circle 1(1) Delhi & Ors (Delhi High Court) Delhi High Court held that uploading of information by the investigation wing of the Income Tax department would not be a substitute for recording of a satisfaction note by the AO of searched person for handing over material to AO of person other than searched person. Facts- The petitioner has filed the present petition impugning a notice dated 23.08.2024 issued under section 148A(b) of the Income Tax Act, 1961; an order dated 31.08.2024 passed under Section 148A(d) of the Act pursuant to the said notice; and a notice ...