2017 (3) TMI 1759 - SCH - Income Tax

Penalty u/s 271(1)(c) - additional income due to the search operation u/s 132 - assessee disclosed the additional income only after he was confronted by the D.I (Inv), New Delhi with certain evidence - HELD THAT - Leave granted. Hearing expedited.

Summary

The Supreme Court of India granted leave and expedited the hearing, with the interim order to continue until further orders. (Citation: 2017 (3) TMI 1759 - SC Order)