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No sec. 271AAA penalty if assessee substantiated manner of earning undisclosed income & paid tax thereon
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Corporate Tax
No sec. 271AAA penalty if assessee substantiated manner of earning undisclosed income & paid tax thereon
Posted on
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November 22, 2017
Tenet Tax Daily November 21 2017
By
tenettax-team
Corporate Tax
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No sec. 271AAA penalty if income was declared during scrutiny assessment & not during search: Delhi ITAT
Penalty u/s 271AAA justified if assessee failed to pay tax on undisclosed income declared during search
