Dismissing the appeal the Court held that there was deliberate omission in the first return and further, the second return filed by the assessee is not a voluntary one, as rightly held by the Tribunal which was filed after survey conducted by Department in AH Ltd. Order of Tribunal is affirmed. (AY. 2003-04 to 2005-06)
Dr. S. Duraisamy v. DCIT (2025) 342 CTR 668 / (2024) 243 DTR 210 (Mad)(HC)
S. 271(1)(c) : Penalty-Concealment-Revised return-After survey-Additional income—Order of Tribunal confirming the penalty is affirmed. [S. 139(5), 260A]
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