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SEARCH AND SEIZURE, Income Tax

Issue Id: - 108676
Dated: 30-5-2015
By:- Eswara Rama Somayajulu

SEARCH AND SEIZURE


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Income disclosed during the search and seizure under section 132(4) can be brought into books of account subsequently and can be capitalized ?

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1 Dated: 19-2-2016
By:- MARIAPPAN GOVINDARAJAN

In my view it can be brought into books of accounts since the same were disclosed and taxes have been paid for the same. If any alternative answer is got by you from any source please share the same in this forum.


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