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2018 (5) TMI 1550 - HC - Income TaxNotice of re-assessment u/s 148 - purchase of immovable property by the assessee without furnising the source of investment - purchase in the name of self or in the name of trust - Held that:- the documents which are enclosed by the assessee clearly discloses that the property has been purchased solely by the assessee himself in his name and no documentary evidence has been produced which establishes that the assessee has purchased the property on behalf of the trust - also the trust has not disclosed the purchase of the property in its return - thus the income had escaped assessment u/s 147 - decided against the assessee.
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