Wednesday, September 28, 2011

There is no absolute ban on disclosure of IT returns under RTI Act

There is no absolute ban on disclosure of IT returns under RTI Act

Income-tax : RTI : The right forum for seeking the IT Returns of an assessee by a third person is either the Chief Commissioner, Income-tax or the Concerned Court, if the matter is sub-judice.

After the repealing of section 137 of the Income-tax Act, 1961 by Finance Act, 1964 the Court in a sub-judice matter can direct the IT authorities to furnish the information pertaining to IT Returns of an assessee for inspection by the Court - [2011] 10 taxmann 149 (CIC)

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