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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

AO of the searched person has merely intimated the details of ...


Search Notification Insufficient for Satisfaction of Undisclosed Income u/s 158BD of Income Tax Act.

June 15, 2016

Case Laws     Income Tax     AT

AO of the searched person has merely intimated the details of search proceedings to the AO of the assessee and the same, in our considered view, shall not constitute “satisfaction” about “undisclosed income” as contemplated u/s 158BD - AT

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