High Court Expands Amnesty Scheme: Benefits Now Include Penalties Not Imposed with Assessment Orders, Rejecting Department's Argument.

Benefit of Amnesty scheme in respect of penalty only - HC rejects the following contention of the department that, inasmuch as there is a reference to a payment of tax and interest payable on the total income finally determined, along with 25% of the minimum penalty leviable, the Scheme must be intended to cover only such penalties as have been imposed on an assessee along with the assessment order. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X