Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Undisclosed cash deposited in the bank account - it will not be fair to treat the entire cash deposits as the unaccounted income of the assessee as it can be reasonably construed to represent as the undisclosed turnover of the firm in which the assessee is a partner. - AT
Undisclosed cash deposited in the bank account - it will not be fair to treat the entire cash deposits as the unaccounted income of the assessee as it can be reasonably construed to represent as the undisclosed turnover of the firm in which the assessee is a partner. - AT
Note: It is a system-generated summary and is for quick reference only.