Re: Additional income offered & assessed u/s147- appeal filed
At the time of survey, based on xerox of purchase
document,the assessee agreed to offer the amount
as undisclosed income.
After the assessmement,the party agitated the entire addition in appeal, as the
addition is based on xerox
which has no value. The party wants to come under the scheme and get rid of botheration. Can he under the scheme?
The assessee can avail the benefit of the VSV Scheme. The tax has to be determined on the basis amount disputed in appeal .
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