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2005 (5) TMI 33 - HC - Income TaxBlock Assessment - Held that in Chapter XIV-B of the Act, special provisions for assessment in search cases have been given and if any amount of income has not been taxed and during the course of search, if some undisclosed income is found on the basis of the material seized, that should be treated as undisclosed income as per the scheme of special assessment under Chapter XIV-B - The admitted position in the present case is that no incriminating material was found in the course of search and, therefore, the Assessing Officer could not take resort to the provisions of Chapter XIV-B of the Act to tax what was said to be the undisclosed or concealed income of the assessee – revenue appeal dismissed
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