[aaykarbhavan] No interest if block return was filed belatedly due to delay on part of revenue to supply copy of seized docs

No interest if block return was filed belatedly due to delay on part of revenue to supply copy of seized docs

August 27, 2014[2014] 48 taxmann.com 14 (Punjab & Haryana)

IT: Where income was computed by applying GP rate, section 40A(3) could not be invoked

IT: Where return for block period was filed belatedly as revenue supplied copies of seized document belatedly, no interest could be levied

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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