Income Tax search Archives - Page 2 of 2

Tag: Income Tax search

AO can not extrapolate numbers on seized dumb document into lakhs – ITAT

administrator August 14, 2017 Income Tax, ITAT, Judgments

AO can not extrapolate numbers on seized dumb document into lakhs. Addition made by deciphering erased figures by forensic report was based on surmises and conjunctures- ITAT ABCAUS Case Law Citation: ABCAUS 2028 (2017) (08) ITAT Assessment Year : 2010-11 Important Case Laws Cited/relied upon by the …

Income tax searches conducted on 2534 groups of persons in FY 2013-14, 2014-15, 2015-16 and FY 2016-17 (up to January, 2017)

administrator March 24, 2017 Income Tax

Income tax searches conducted on 2534 groups of persons in FY 2013-14, 2014-15, 2015-16 and FY 2016-17 (up to January, 2017) ITD conducted searches in about 2534 groups of persons led to admission of undisclosed income of about Rs. 45,622 crore apart from seizure of undisclosed assets (cash, …