Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Penalty u/s 271(1)(c) - there was no doubt on the issue that even when there is increase in the capital for the business of the company then also the expenditure would be capital in nature - penalty confirmed for wrong claim as revenue expenditure - AT
Penalty u/s 271(1)(c) - there was no doubt on the issue that even when there is increase in the capital for the business of the company then also the expenditure would be capital in nature - penalty confirmed for wrong claim as revenue expenditure - AT
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