https://www.taxtmi.com/caselaws?id=261490 The High Court upheld the immunity from penalty under Explanation-5 for the assessee, emphasizing compliance with the conditions outlined in the provision. The judgment clarified the interpretation of the legislative language to ensure the correct application of the immunity provision in cases of undisclosed income. en-us Mon, 08 Jun 2015 00:00:00 +0530 Tue, 14 Jul 2015 07:43:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261490 The High Court upheld the immunity from penalty under Explanation-5 for the assessee, emphasizing compliance with the conditions outlined in the provision. The judgment clarified the interpretation of the legislative language to ensure the correct application of the immunity provision in cases of undisclosed income. Case-Laws Income Tax Mon, 08 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261490