Tuesday, May 14, 2019

Sec. 271AAA penalty rightly deleted as assessee disclosed manner of earning undisclosed income; SLP dismissed

IT: Where High Court upheld Tribunal's order deleting penalty levied under section 271AAA on ground that assessee during course of assessment proceedings had submitted several documents/communications to substantiate manner in which undisclosed income was derived, SLP filed against said decision of High Court was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2JiLfaB

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