COMMISSIONER OF INCOME TAX-III vs. M/S. CALCUTTA KNITWEARS, LUDHIANA
C.A. No.-003958-003958 - 2014Supreme Court12 Mar 2014
Section 132Section 158B
block assessment.
23.
Section 158BD of the Act provides for “undisclosed
income” of any other person. Before we proceed to
explain the said provision, we intend to remind
ourselves of the first or the basic principles of
interpretation of a fiscal legislation. It is time and
again reiterated that the courts, while interpreting
the provisions of a fiscal legislation should
