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SC: Demand for Additional Tax Can be Made Only if Assessee Intended to Evade Tax - (20 Mar 2020)

DIRECT TAXATION

Supreme Court has observed that demand for Additional Tax under Section 143(1-A) of the Income Tax Act, 1961 can only be invoked when the lesser amount stated in the return filed by the Assessee is a result of an attempt to evade tax lawfully payable by the Assessee.

Tags : SUPREME COURT   DEMAND FOR ADDITIONAL TAX  

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