63 results for “reassessment u/s 147”+ Section 37(1)clear
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Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
37 &33 Others iii) in case any incriminating material isfound/unearthed, even, in case of unabated/completedassessments, the AO would assume the jurisdiction toassess or reassess the ‘total income’ taking intoconsideration the incriminating material unearthedduring the search and the other material available withthe AO including the income declared in the returns; and iv) in case no incriminating material is unearthed duringthe search