Description:
Voluntary filling of return- Petitioner having filled returns pursuant to notice under s.148 following a search at his premises, it cannot be said that the filling of returns by the petitioner was ‘voluntary’ and the second limb of cl.2(e) of Circular/ Notification F.No. 400/234/1995-IT(B), dt. 23rd May, 1996 I.e.,
T.L.Ouseph vs. Asstt.CIT & Anr.(Ker) 45 DTR 157 (2010).
Source:
1. www.icaihyd.org
2. HYDERABAD BRANCH OF SIRC NEWSLETTER.Volume:13 Issue:02. February, 2011, Page No.6.
Our comment:
Voluntary filing of Returns means the assessee filing the Return before any proceedings are initiated
