Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
Penalty u/s 271(1)(c) - assessee filed its return under VDIS but failed to pay the tax - This itself will not lead to the conclusion that the assessee has concealed its particular of income.
Penalty u/s 271(1)(c) - assessee filed its return under VDIS but failed to pay the tax - This itself will not lead to the conclusion that the assessee has concealed its particular of income.
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