Admitted vs. Undisclosed Income: Judicial Insights into Penalty Discretion”
Case Name: K. Krishnamurthy Vs. The Deputy Commissioner of Income Tax Case Number: Civil Appeal No. 2411 of 2025 Date: 13 Feb,2025 Quorum: Justic
Tax Offences Committed before Show-cause Notice Can be Treated as First Offence and Compounded
Introduction In a major relief to taxpayers, the Supreme Court of India has held that tax offenses committed prior to the issuance of a show-cause
