Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Levy of penalty u/s 221(1) - default in payment of tax - assessee has not paid taxes which are payable along with a return of income, however paid within a month even before the notice issued by the A.O. and the assessee complied the demand of tax voluntarily - No penalty - AT
Levy of penalty u/s 221(1) - default in payment of tax - assessee has not paid taxes which are payable along with a return of income, however paid within a month even before the notice issued by the A.O. and the assessee complied the demand of tax voluntarily - No penalty - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
