Case Law Details
Case Name : Gujarat Smelting & Refining Co. Ltd. Vs ITO (ITAT Ahmedabad)
Related Assessment Year : 2014-15
Courts :
All ITAT ITAT Ahmedabad
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Gujarat Smelting & Refining Co. Ltd. Vs ITO (ITAT Ahmedabad)
The assessee cannot be absolved from the penalty merely on the reasoning that it has agreed for the addition/disallowance during the quantum proceedings. The Hon’ble Supreme Court in the case of MAK Data Private Ltd versus CIT reported 38 com 448 has held as under:
“9. We are of the view that the surrender of income in this case is not voluntary in the sense that the offer of surrender was made in Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.