Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2005 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2005 (12) TMI 61 - HC - Income TaxSearch - "Whether Tribunal was justified in holding that the professional income of the assessment year 1996-97 amounting to Rs. 44,800 was undisclosed income at the hands of the assessee?" - even if we accept the contention of Mr. Chaphekar learned senior counsel, that sub-section (3) of section 158BA of the Act is not exhaustive of the cases in which income should not be treated as undisclosed income, in the present case, we find no material to establish that the appellant had, in any manner, disclosed his income for the purpose of the Act before the date of search - we answer the substantial question of law in affirmative and hold that the Tribunal was justified in coming to the finding that the professional income of the appellant for the assessment year 1996-97 amounting to Rs. 44,800 was undisclosed income and was liable to be assessed as such under Chapter XIV-B
|