163 results for “section 68”+ Section 221(1)clear
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Bench: Shri Chandra Poojari & Smt. Beena Pillai
221 ITR 538 (SC). 42. Regarding non-disposal of the objections raised by the assessee for reopening the assessment, it was submitted by the ld. DR that the AO duly addressed the issue during the assessment proceedings. There was failure on the part of assessee to disclose fully and truly all material facts about the bank account at HSBC, Geneva