Tuesday, March 18, 2014

[aaykarbhavan] IT instruction dealing with stay of coercive tax recovery isn’t applicable to search proceedings



IT instruction dealing with stay of coercive tax recovery isn't applicable to search proceedings

March 18, 2014[2014] 42 taxmann.com 348 (Bombay)
IT : Instruction No. 96/F dated 21-8-1969, dealing with stay of coercive recovery of penalty amount, does not cover cases where concealed income is unearthed because of search or other similar proceedings
 
Regards
Prarthana Jalan


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