Appearing for Sibal today, Senior Advocate P Chidambaram argued that the notices were issued six years later in May 2021 and pointed out that the department is in a great hurry.
Chidambaram said that Sibal filed his return on June 16, 2021.
“A request was made on November 3, 2021 seeking a copy of the satisfaction note and reasons/material based on which the notice under Section 153C had been issued. This request was reiterated by petitioner on March 1, 2023…They were furnished only on March 9 this year and material or reasons were furnished on March 10. The very next day, a show cause notice is issued,” Chidambaram argued.
Counsel appearing for the IT department said that the proceedings were bona fide and that the officer can proceed based on the material presented to him.
Source: Barandbench
