Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Penalty levied u/s 271(1)(c) - Bogus purchases - There is no active concealment of income on the part of the assessee and additions made on estimation by the AO do not called for initiation of penalty. - AT
Penalty levied u/s 271(1)(c) - Bogus purchases - There is no active concealment of income on the part of the assessee and additions made on estimation by the AO do not called for initiation of penalty. - AT
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