Case Name : Asstt. CIT Vs. Smt. Rasila S. Mehta

Citation :[2001] 116 TAXMAN 308/

Court : ITAT-Mumbai

Section : 271

Meaning : In explanation 5 the words ‘income which has not been disclosed so far in his return of income to be furnished before the expiry of time specified in section 139(1)’ are intended to encompass only such situations where the time-limit specified in section 139(1) does not expire as on the date of the search.

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