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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Search u/s 132 of the Act - Block Assessment – In the absence of ...


High Court: Undisclosed Income Cannot Be Based Solely on DVO's Report Without Seized Material u/s 132.

February 28, 2014

Case Laws     Income Tax     HC

Search u/s 132 of the Act - Block Assessment – In the absence of any seized material and solely on the basis of the report of the DVO, there cannot be any finding with regard to the undisclosed income - HC

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