Dismissing the appeal of the Revenue the Court held that the Department had not even examined the assessee in the course of search or inspection. Statements were taken only from the wife of the assessee and not from the assessee. Assets were also said to have been accepted as owned by the assessee’s wife. Contention regarding summons for recording statement had not been issued on the assessee. Order of Tribunal is affirmed.
CIT v. Madhuri Sharma (Smt.) (2024) 336 CTR 362 (Pat) (HC)
S. 158BE : Block assessment-Time limit-No statement was taken of assessee-No substantial question of law. [S. 132,132A, 158BC, 260A]