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Sec. 271AAB penalty was applicable if assessee admitted undisclosed income & specified its earning manner: HC
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Corporate Tax
Sec. 271AAB penalty was applicable if assessee admitted undisclosed income & specified its earning manner: HC
Posted on
on
June 18, 2018
Tenet Tax Daily June 16 2018
By
tenettax-team
Corporate Tax
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No sec. 158BFA interest if ITR was filed belatedly due to delay in obtaining copies of seized material from dept.
CIT(A) couldn’t enhance assessment by changing head of income without giving SCN to assessee