Supreme Court · 2018 INSC 439 · Decided 2 May 2018
Commissioner of Income Tax, Chennai v. S. Ajit Kumar
- Court
- Supreme Court of India
- Citation
- 2018 INSC 439 · [2018] 5 S.C.R. 710
- Case number
- CIVIL APPEAL No. 10164/2010
- Decided
- 2 May 2018
- Bench
- R.K. AGRAWAL, ABHAY MANOHAR SAPRE (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 158BB, 158
Headnote
Income Tax Act, 1961 - s. 158BB, 158 BH and 133A - Undisclosed income of the block period - Computation of - Search conducted in the premises of assessee by the Income Tax Department - Concurrently survey conducted in the premises of the builder who constructed assessee - Cash payment of Rs 95.16 lakhs found in the course of survey in the premises of the builder - If could be used in Block Assessment of the assessee - Held: It can be added under the head of the undisclosed income of the assessee in block assessment - Assessing
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