How to prove against an allegation made by it department ?

The detailed information may be called under The Right To Information Act ,2005. The bank Cannot refuse information on such flimsy grounds.

notice u/s 148 is sent to charge income escaped from the assessment.

Reply the notice with the same arguments what you have mentioned here. In support of your reply you can attach email/ reply received from BOI Zonal office. It may so happen ITO got some incorrect info. 

before sending notice the ITO has to record the reason for sending notice.at the end of you reply may be you can aks the what reason he has recorded.  since there is no such transaction.

you case is not clear. could yu mention to advise you better

a) date of filing of your return:

b) Date mentioned in the notice:

c) Amount of income tax you paid then:

d) the amount of tax what ITO has demanded:

1. Reply to the Assessing Officer strongly denying any such investment, and any such Bank account;

2. Write to the Assessing Officer that as there was no such bank account and transaction, you want to examine the Bank Manager on oath; therefore request the AO to exercise his powers under S.131 to summon the Bank Manager & to produce a copy of the alleged Account for the relevant period, for your examination.

Question: Income Tax Department has sent notice to my wife  dt.28.03.2008 under section 148 of the Income Tax Act-1961 my wife has received the notice on dt.02.05.2008.

Reply  :-

why your question arise after 4 years ? &

your matter is releated from which year ?

if you send us these ans then we support u bettor .

thank u

Dear Sir,

The case has been on process for last four years.

the matter relates to the Assessment year-2001-2002

Thanks

The notice under S. 148 was issued on 28-3-2008, ie; in the F.Y ended 31-3-2008. Therefore the Assessing Officer should have completed the re-assessment within 9 months from the end of that FY, ie; before 31-12-2008.

Has not the assessment been completed yet?