Mere knowledge of a notice is not equivalent to proper service under the Act. B. Johar Forest Works vs. CIT [1977] 107 ITR 409 (J&K)

Concept of AIR Information now introduced for Excise and Service tax also. AIR Information to be filed by RBI to CBEC in respect of foreign remittances of entities for receipt of services whose aggregate remittances during financial year exceed Rs. 50 lacs. Also in respect of identified electricity consumers and intimated by 30th June of next year, who are manufacturers, using an induction furnace or rolling mill and whose aggregate clearances during financial year exceed Rs. 150 lacs , state electricity boards and RBI shall file AIR Information till 31st December of subsequent year –Notification 04/2016 dated 15-02-2016