Penalty u/s 271(1)(c) - dditional income while filing return as ...

No Penalty Imposed on Voluntary Income Disclosure u/s 271(1)(c) Without Incriminating Documents Found During Search.

April 3, 2020

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - dditional income while filing return as part of search proceedings - As such the income disclosed by the assessee was voluntarily without having found any document in the course of search. We also note that there no reference made by the authorities below to the documents of incriminating nature having bearing on the income of the assessee in their respective orders. - No penalty.

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Penalty u/s 271(1)(c) - dditional income while filing return as ...

No Penalty Imposed on Voluntary Income Disclosure u/s 271(1)(c) Without Incriminating Documents Found During Search.

April 3, 2020

Case Laws Income Tax AT

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