No penalty for undisclosed income if it wasn’t mandatory to fill details of assets amp; liabilities in ITR

INCOME TAX : For levy of penalty under section 271AAB, case must fall within four corners of definition of expression ‘undisclosed income’ as defined under section 271AAB itself;INCOME TAX : For levy of penalty under section 271AAB, case must fall within four corners of definition of expression ‘undisclosed income’ as defined under section 271AAB itself;www.taxmann.com Latest Case LawsRead More

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