Title of Section 115BBE is "Tax on income referred to in Section
68 or Section 69 or Section 69A or Section 69B or Section ... section 69D .-(1) Where the total
income of an assessee includes any income referred to in section 68 , section
69 , section 69A , section 69B , section
Mahendrakumar Bhagwandas Ranpura
any income referred to in section 68 , section 69 , section 69A ,
Section 69B , section 69C or section 69D , the income-tax payable ... under section 139 ; or
(b) determined by the Assessing Officer includes any income referred to in section
68 , section 69 , section 69A , section 69B , section
assessee includes any income referred to
in section 68 , section 69 , section 69A , section 69B , section 69C or section
69D , the income-tax payable shall ... income-tax calculated on income referred to in section
68, section 69, section 69A, section 69B, section 69C or section 69D, at the
rate
assessee, --
(a) includes any income referred to in section 68, section 69, section 69A,
section 69B, section 69C or section 69D and reflected ... furnished under section 139; or
(b) determined by the Assessing Officer includes any income referred to in
section 68, section 69A, section 69B, section
section 153C and not under section 153A . The
learned CIT(A) further held that, in the case of a searched person, additions
under section 153A ... section 153A , and the CIT(A) wrongly imported
the requirement of section 153C . He further contended that there is no
statutory restriction in section 153A
grant any relief to
assessee qua the application of section 69B r.w.s. 115BBE to excess-
stock although he granted relief in the matter ... excess
stock of Rs. 75,00,770/- attracted section 69B r.w.s. 115BBE?
5. Before us, Ld. AR for the assessee filed a Paper
assessee, --
(a) includes any income referred to in section 68, section 69, section 69A,
section 69B, section 69C or section 69D and reflected ... furnished under section 139; or
(b) determined by the Assessing Officer includes any income referred to in
section 68, section 69A, section 69B, section
assessee, --
(a) includes any income referred to in section 68, section 69, section 69A,
section 69B, section 69C or section 69D and reflected ... furnished under section 139; or
(b) determined by the Assessing Officer includes any income referred to in
section 68, section 69A, section 69B, section
assessee, --
(a) includes any income referred to in section 68, section 69, section 69A,
section 69B, section 69C or section 69D and reflected ... furnished under section 139; or
(b) determined by the Assessing Officer includes any income referred to in
section 68, section 69A, section 69B, section
debtors
were unsubstantiated and remained unexplained and thus,
the provisions of section 69B of the Income Tax Act, 1961
were applicable.
9.3.1 The ld. Counsel ... excess cash is clearly covered u/s 68 or 69A, excess stock is
covered u/s 69 or 69B, construction of Shed/Godown is
covered
