Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Addition u/s 45(4) on account of revaluation of assets - distribution of the revaluation amount to the partners capital accounts during the continuation of the firm - the revaluation of the assets of the firm and crediting of the capital accounts of the partners could not have been brought within the meaning of Sec. 45(4) of the Act. - AT
Addition u/s 45(4) on account of revaluation of assets - distribution of the revaluation amount to the partners capital accounts during the continuation of the firm - the revaluation of the assets of the firm and crediting of the capital accounts of the partners could not have been brought within the meaning of Sec. 45(4) of the Act. - AT
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