Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Reassessment u/s 148 - reasons recorded should show in what manner the assessee had failed to make a full and true disclosure of all material facts necessary for the assessment, it is not mere irregularity but it would render the reopening of assessment after four year invalid as First proviso to section 147 is applicable - assessment quashed
Reassessment u/s 148 - reasons recorded should show in what manner the assessee had failed to make a full and true disclosure of all material facts necessary for the assessment, it is not mere irregularity but it would render the reopening of assessment after four year invalid as First proviso to section 147 is applicable - assessment quashed
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
