Thursday 25 September 2014

No deemed concealment if additional income was declared by assessee pursuant to search via belated r

IT: In absence of any limitation or restriction relating to words 'due date' given in clause (b) of Explanation 5A to section 271(1)(c), it cannot be read as 'due date' as provided in section 139(1) alone rather it can also mean date of filing of return of income under section 139(4)


No comments:

Post a Comment