Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Levy of interest u/s 234D - mistake in computing the interest u/s 244A has been rectified by passing the order u/s 154 and with which the assessee has no quarrel. It is not the case of Revenue that the refund has arisen due to order u/s 143(1) - Therefore, the first necessary condition for charging of interest u/s 234D is not satisfied - AT
Levy of interest u/s 234D - mistake in computing the interest u/s 244A has been rectified by passing the order u/s 154 and with which the assessee has no quarrel. It is not the case of Revenue that the refund has arisen due to order u/s 143(1) - Therefore, the first necessary condition for charging of interest u/s 234D is not satisfied - AT
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