SC: Disclosure Made to Settlement Commission Needn't be Something that Wasn’t Discovered by AO - 27.09.2023

Supreme Court has held that Section 245C r/w Section 245H of Income-Tax Act only contemplates full and true disclosure of income to be made before Settlement Commission, regardless of disclosures or discoveries made before/by the Assessing Officer (AO), disclosures needn’t be something new.

Tags : Supreme Court Settlement Commission Disclosures Assessing Officer

Share :