Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Estimation of income - when the variation in the GP is insignificant and there is an increase in the turnover of the assessee of more than three times then there is no justification of making addition by applying the GP rate of earlier year.
Estimation of income - when the variation in the GP is insignificant and there is an increase in the turnover of the assessee of more than three times then there is no justification of making addition by applying the GP rate of earlier year.
Note: It is a system-generated summary and is for quick reference only.
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