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2011 (3) TMI 1026 - RAJASTHAN HIGH COURTSurvey - Coercive statement and surrendered of Rs. 600,000 - Unexplained investment - Reassessment - The reasons demanded by the assessee were supplied to him by the Assessing Officer and his objections were also considered - Held that:- As the Assessing Officer in his order has given detailed reasons including about the number of opportunities given to the assessee after reasons were supplied to him and ultimately notice was given to show cause as to why an ex parte assessment under section 144 of the Act may not be made in his case as he failed to comply with the notices issued to him from time to time and the date was fixed on December 20, 2006 - The assessee failed to dispute that and could not produce any other evidence to the contrary to show that investments were actually made in different years than this - in this case, no such effort was made by the assessee because no such material was produced by him - Decided against the assessee
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