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2005 (10) TMI 77 - HC - Income TaxBlock assessment - income disclosed on account of payment of the advance tax - assessee not filed the returns of income within the dates but filed after the date of search - computation of 'undisclosed income' - "Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in remitting the matter and directing the Assessing Officer to quantify the undisclosed income by taking into consideration the advance tax paid and decide the issue in accordance with law?" – question is answered in the affirmative and against the Revenue – held that the income disclosed on account of payment of the advance tax cannot be held to be undisclosed income for the purposes of block assessment - Tribunal was right in remitting the matter back to the Assessing Officer for the purpose of quantification of undisclosed income by taking into account the advance tax paid – revenue appeal is dismssed
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