Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
When the lease itself has been held to be only a paper transaction and a bogus transaction, then income there-from also cannot be accepted. - AO directed to reduce the lease rental income subject to the condition that the assessed income shall not be less than the returned income. - AT
When the lease itself has been held to be only a paper transaction and a bogus transaction, then income there-from also cannot be accepted. - AO directed to reduce the lease rental income subject to the condition that the assessed income shall not be less than the returned income. - AT
Note: It is a system-generated summary and is for quick reference only.