Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
The HC held that the assessment order was improperly applied, requiring reconsideration by the respondent authorities. The rectification application filed by the petitioner must be heard promptly, allowing the petitioner to produce necessary documents. However, the HC refused to grant a stay on the attachment notice or sale of the petitioner's attached property. The petition was disposed of accordingly.
The HC held that the assessment order was improperly applied, requiring reconsideration by the respondent authorities. The rectification application filed by the petitioner must be heard promptly, allowing the petitioner to produce necessary documents. However, the HC refused to grant a stay on the attachment notice or sale of the petitioner's attached property. The petition was disposed of accordingly.
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