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Voluntary disclosure of income in subsequent year won’t absolve assessee from liability to pay penalty

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  • Voluntary disclosure of income in subsequent year won’t absolve assessee from liability to pay penalty
Posted onon January 3, 2018

Tenet Tax Daily January 03 2018

By tenettax-team
Corporate Tax

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No penalty if assessee failed to submit TP documents due to pendency of its application of shifting its head office
Sec. 69 addition was justified if sale deed showed that assessee paid cash consideration to purchase property

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