Bench: P.SAM KOSHY,NARSING RAO NANDIKONDA
1], which reads as follows xxx remain the same.” 14. The phrase ‘reason to believe’ found in Section 147 of the Act came up for scrutiny before the Hon’ble Apex Court in the matter of ASSISTANT 20 COMMISSIONER OF INCOME TAX vs RAJESH JHAVERI reported in (2007) 291 ITR 500 (SC) and held that the said expression cannot