96 results for “reassessment”+ Section 36(1)(ii)clear
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Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
36 &33 Others a case where theundisclosed income is found on the basis of incriminatingmaterial, the AO would assume the jurisdiction to assessor reassess the total income for the entire six years blockassessment period even in case of completed/unabatedassessment. As per the second proviso to Section 153A,only pending assessment/reassessment shall standabated and the AO would assume the jurisdiction withrespect