6 results for “reassessment”+ Section 2(22)(d)clear
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Bench: MANINDRA MOHAN SHRIVASTAVA,MADAN GOPAL VYAS
d) The assessee is unable to offer an explanation regarding the nature and the source of acquiring the articles in question; or The explanation, which is offered, is found to be, in the opinion of the Officer, not satisfactory; (e) If the aforesaid conditions are satisfied, then, the value of the bullion, jewellery or other valuable article may be deemed