Penalty levied u/s 158BFA(2) - Tribunal has sustained the ...

Tribunal Finds No Evidence of Undisclosed Income; No Penalty Imposed u/s 158BFA(2) on Interior Decoration Expenses.

March 7, 2015

Case Laws Income Tax AT

Penalty levied u/s 158BFA(2) - Tribunal has sustained the addition on estimate basis and the Tribunal could not come a conclusion from the seized material that there was undisclosed income in incurring interior decoration works - No Penalty - AT

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Penalty levied u/s 158BFA(2) - Tribunal has sustained the ...

Tribunal Finds No Evidence of Undisclosed Income; No Penalty Imposed u/s 158BFA(2) on Interior Decoration Expenses.

March 7, 2015

Case Laws Income Tax AT

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