Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Penalty u/s. 271(1)(c) - Claim of any expenditure has to be proved with corroborative evidence - Entries in the books of accounts or auditors reports or Board of Directors Meeting cannot take place of a piece of genuine evidence. - penalty confirmed - AT
Penalty u/s. 271(1)(c) - Claim of any expenditure has to be proved with corroborative evidence - Entries in the books of accounts or auditors reports or Board of Directors Meeting cannot take place of a piece of genuine evidence. - penalty confirmed - AT
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