Penalty u/s 271AAB - discrepancy in stock - condition of ...

Penalty Upheld for Unaccounted Stock Shortage; Classified as "Undisclosed Income" u/s 271AAB, Conditions Met for Enforcement.

June 25, 2019

Case Laws Income Tax AT

Penalty u/s 271AAB - discrepancy in stock - condition of Explanation(c) below section 271AAB(3) fulfilled - shortage of stock not accounted for by the assessee has been rightly qualify as “undisclosed income” as per the definition u/s 271AAB - penalty upheld

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Penalty u/s 271AAB - discrepancy in stock - condition of ...

Penalty Upheld for Unaccounted Stock Shortage; Classified as "Undisclosed Income" u/s 271AAB, Conditions Met for Enforcement.

June 25, 2019

Case Laws Income Tax AT

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