Supreme Court of India

P.R. Metrani v. Commissioner of Income Tax, Bangalore

Neutral citation
Reported as [2006] SUPP. 9 S.C.R. 1
Bench Ashok Bhan and Dal Veer Bhandari JJ.
Decided 15 November 2006

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

What the Court ordered

For the reasons stated above, appeals are accepted and the order passed by the High Court is set aside.

Judgment, page 17

From the headnote

Income Tax Act, 1961; Sections 132: Search of premises of assessee-Recovery and seizure of unaccounted money, gold biscuits, gold jewellery and documents-Assessing authority ordering certain additions in assessment-Additions in the assessment confirmed by the appellate authority holding that presumption under Section 132 (4A) available for framing the regular assessment-Reversed by the Tribunal excepting additions relating to value of the properties-Tribunal referring questions of law pertaining to scope of Section 132 (4A) of the Act-High Court answering all the questions in favour of

Where later benches applied it

Of those, 2 mentioned

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