https://www.taxtmi.com/caselaws?id=780272 SC dismissed the Special Leave Petition and upheld the HC and Tribunal findings that reassessment under s.158-BC (and scope of s.158-BB) was valid. The courts found undisclosed income generated through ghost and benami companies operating from properties taken on rent, supported by statements and cross-examination, and post-search enquiries. The Tribunal's conclusion of undisclosed income and the consequent reassessment were held to be correct, and no interference with the impugned HC order was warranted. en-us Fri, 17 Oct 2025 00:00:00 +0530 Sat, 25 Oct 2025 12:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780272 SC dismissed the Special Leave Petition and upheld the HC and Tribunal findings that reassessment under s.158-BC (and scope of s.158-BB) was valid. The courts found undisclosed income generated through ghost and benami companies operating from properties taken on rent, supported by statements and cross-examination, and post-search enquiries. The Tribunal's conclusion of undisclosed income and the consequent reassessment were held to be correct, and no interference with the impugned HC order was warranted. Case-Laws Income Tax Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780272