Penalty levied u/s. 271(1)(c) - undisclosed income surrendered ...

Income Tax

October 19, 2021

Penalty levied u/s. 271(1)(c) - undisclosed income surrendered during the course of survey - Assessee cannot be held to have concealed or furnished the particulars of income since the income declared during the course of survey has been offered to tax in the return of income filed before the due date of filing the return of income. - No penalty - AT

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Penalty levied u/s. 271(1)(c) - undisclosed income surrendered ...

Income Tax

October 19, 2021

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