Surrender of income due to recovery of documents during survey can not be said to be voluntarily. ITAT upheld penalty…
Penalty u/s 271AAB for undisclosed income declared deleted for no incriminating material found during search and also for notice non…
Voluntary surrender of income no defence for concealment penalty u/s 271(1)(c) unless explanation offered is found bona fide and all…
Penalty us 2711c imposable on voluntary surrender-disclosure to avoid litigation and to buy peace of mind, as it does not…