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Foreign bank account : Where pursuant to search operation, Assessing Officer noted that assessee held foreign bank account at Geneva, Switzerland as per exchange of information framework of DTAC/DTAA between India and France and being of view that assessee had not declared Swiss bank account in his return of income and funds of this account were also not disclosed by assessee, added same to total income of assessee as unexplained investment/deposit, since no incriminating document was found during course of search proceedings, additions so made were to be deleted – Deputy Commissioner of Income-tax, Central Circle-2 v. Arvind N Nopany – [2024] 160 8 (Ahmedabad – Trib.)



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