Tag Archives: surrendered undisclosed income

No penalty when Assessee surrendered undisclosed income & taxed based on seized papers

By | December 22, 2016

IN THE ITAT JAIPUR BENCH Assistant Commissioner of Income-tax, Central Circle-2, Jaipur v. Ajit Singh KUL BHARAT, JUDICIAL MEMBER AND VIKRAM SINGH YADAV, ACCOUNTANT MEMBER IT APPEAL NO. 714 (JP.) OF 2014 [ASSESSMENT YEAR 2009-10] SEPTEMBER  26, 2016 R.S. Dagur, Addl. CIT for the Appellant. Manish Agarwal, CA for the Respondent. ORDER Vikram Singh Yadav,… Read More »