https://www.taxtmi.com/caselaws?id=309273 The court addressed discrepancies in the total income declared in the Income-Tax Return filed by the respondent-assessee, noting a significant variance between the original and subsequent returns. Allegations of tax default were raised due to non-payment of self-assessment tax and interest. The claimed deduction under Section 35 was crucial, with scrutiny on the authenticity of Annexure-II and the filing process. The court directed the Principal Commissioner of Income Tax to investigate and submit a report within 21 days, emphasizing the importance of accurate income declaration and compliance with tax obligations. en-us Tue, 09 Oct 2018 00:00:00 +0530 Mon, 21 Aug 2023 22:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309273 The court addressed discrepancies in the total income declared in the Income-Tax Return filed by the respondent-assessee, noting a significant variance between the original and subsequent returns. Allegations of tax default were raised due to non-payment of self-assessment tax and interest. The claimed deduction under Section 35 was crucial, with scrutiny on the authenticity of Annexure-II and the filing process. The court directed the Principal Commissioner of Income Tax to investigate and submit a report within 21 days, emphasizing the importance of accurate income declaration and compliance with tax obligations. Case-Laws Income Tax Tue, 09 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309273