TMI BlogReopening of assessment u/s 147 - Unaccounted income - As seized document is a piece of evidence which...Reopening of assessment u/s 147 - Unaccounted income - As seized document is a piece of evidence which play a vital role to determine the income of the assessee. But such document cannot give absolute power to the authorities below to work out undisclosed income of the assessee without bringing corroborative evidences. The seized document give the information to the AO to dig out the facts in more detail that too in a particular direction. The seized documents must be supported based on other ma..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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