Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1999 (4) TMI HC This
The High Court of Gujarat dismissed the petition challenging the order under the Kar Vivad Samadhan Scheme. The petitioner's claim for settlement of tax arrears was accepted based on search findings related to closing stock. The court found no interference was needed as the assessment was determined on the basis of material information and nexus established between the search and tax determination. Notice discharged.
|