INCOME-TAX : As per section 3 of DTVSV Act where assessment is made on basis of search ,amount payable by assessee would be 125% of disputed tax declared by assessee and where declarant files a declaration in accordance with section 4 in respect of tax arrears , amount payable shall be 100% of disputed tax declaredINCOME-TAX : As per section 3 of DTVSV Act where assessment is made on basis of search ,amount payable by assessee would be 125% of disputed tax declared by assessee and where declarant files a declaration in accordance with section 4 in respect of tax arrears , amount payable shall be 100% of disputed tax declaredwww.taxmann.com Latest Case LawsRead More
