5 results for “reassessment”+ Search & Seizureclear
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The appeals of the assessees are allowed
Bench: Dr. B.R.R. Kumar & Shri Yogesh Kumar U.S.
seizure, i.e., the income which cannot be detected in the ordinary course of regular assessment; I.T.A. No.49 & 50/Jab/2018 Assessment Year:2014-15 3 that thus, the foundation for making search assessments under Sections 153A/153C can be said to be the existence of incriminating material showing undisclosed income detected as a result of search; that on a plain reading of Section