98 results for “reassessment”+ Section 35clear
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Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
35 &33 Others collected during the search andother material which would include income declared in thereturns, if any, furnished by the assessee as well as theundisclosed income. However, in case during the searchno incriminating material is found, in case ofcompleted/unabated assessment, the only remedyavailable to the Revenue would be to initiate thereassessment proceedings under sections 147/48 of theAct, subject