Supreme Court · 1993 INSC 226 · Decided 13 July 1993
Phool Chand Bajrang Lal and ANR. v. Income Tax Officer and ANR.
- Court
- Supreme Court of India
- Citation
- 1993 INSC 226 · [1993] SUPP. 1 S.C.R. 28
- Case number
- CIVIL APPEAL No. 1235/1977
- Decided
- 13 July 1993
- Bench
- S.C. AGRAWAL, A.S. ANAND (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 133; Income Tax Act Section 147, 148, 147(a), 149
Headnote
Income Tax Act, 1961-Ss. 147, 148 149-Income escaping· assess- ment-Assessing Officer's jurisdiction to reopen assessment-Held, Income Tax Officer can reopen assessment only if on the basis of specific, reliable c and relevant information coming to his possession subsequently he has reasons to make a tnte and full disclosure of all material facts any part of his income profit or gains chargeable to income tax has escaped assess- ment-To say that the question regarding truthfulness or falsehood of'certain D transaction reflected in retunz can only be examined during original
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)