https://www.taxtmi.com/caselaws?id=10059 An assessee subjected to a search under section 132 was not barred, in principle, from claiming amnesty relief merely because a search had taken place; the governing view treated the circular as intended to benefit both taxpayers and the Revenue, unless concealment had been detected. The claim, however, could not be finally resolved without a clear factual finding on whether the search yielded incriminating material or disclosed concealment. The abstract legal question was answered in favour of the assessee, but the matter required fresh factual determination on the search results before the amnesty benefit could be applied. en-us Wed, 20 Aug 2003 00:00:00 +0530 Mon, 06 Jul 2009 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10059 An assessee subjected to a search under section 132 was not barred, in principle, from claiming amnesty relief merely because a search had taken place; the governing view treated the circular as intended to benefit both taxpayers and the Revenue, unless concealment had been detected. The claim, however, could not be finally resolved without a clear factual finding on whether the search yielded incriminating material or disclosed concealment. The abstract legal question was answered in favour of the assessee, but the matter required fresh factual determination on the search results before the amnesty benefit could be applied. Case-Laws Income Tax Wed, 20 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10059