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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Settlement Application u/s 245C(1) - assessee disclosed ...

Case Laws     Income Tax

January 27, 2020

Settlement Application u/s 245C(1) - assessee disclosed additional income during the course of settlement - fresh and substantial disclosure or not - it is far greater than the initial disclosure - the Commission was right in considering the revised offer made by the assessee during the course of the proceedings in the nature of spirit of settlement.

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