Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Penalty u/s 221 - The assessee has not sufficient funds on the date of return of income to pay tax - The levy of penalty under section 221 is discretionary in view of the second proviso to section 221 - AT
Penalty u/s 221 - The assessee has not sufficient funds on the date of return of income to pay tax - The levy of penalty under section 221 is discretionary in view of the second proviso to section 221 - AT
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