https://www.taxtmi.com/manuals?id=1649 An assessing or appellate officer may direct an additional penalty where assessed income includes amounts characterised as unexplained under specified taxable-income provisions, calculated as a percentage of the special tax chargeable on such income and payable in addition to that tax. No penalty applies where the assessee has disclosed the income in the return and paid the special tax by the end of the relevant previous year; general penalty provisions do not apply to such income and specified procedural provisions govern levy and recovery. en-us Mon, 24 Jul 2017 13:14:00 +0530 Wed, 21 Aug 2024 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1649 An assessing or appellate officer may direct an additional penalty where assessed income includes amounts characterised as unexplained under specified taxable-income provisions, calculated as a percentage of the special tax chargeable on such income and payable in addition to that tax. No penalty applies where the assessee has disclosed the income in the return and paid the special tax by the end of the relevant previous year; general penalty provisions do not apply to such income and specified procedural provisions govern levy and recovery. Manuals Income Tax Mon, 24 Jul 2017 13:14:00 +0530 https://www.taxtmi.com/manuals?id=1649