HC set-aside order allowing SetCom application as assessee failed to make full disclosure of undisclosed income

INCOME TAX: Where pursuant to search proceedings, assessee filed return declaring certain undisclosed income in respect of amount borrowed and, thereupon, he filed an application under section 245C wherein lower amount was declared as undisclosed income, in view of fact that assessee failed to prove that loan entries were genuine and his statement recorded in course of search proceedings was under coercion, he did not approach Settlement Commission with clean hands and, thus, impugned order pass

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