Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Applicability of section 68 or u/s 41(1) – the amounts in question were outstanding for the last three years - there is no infirmity in the stand taken by the creditors that they did not have any transaction with the assessee during the year - no addition - AT
Applicability of section 68 or u/s 41(1) – the amounts in question were outstanding for the last three years - there is no infirmity in the stand taken by the creditors that they did not have any transaction with the assessee during the year - no addition - AT
Note: It is a system-generated summary and is for quick reference only.