The Court held that rejection of a settlement application without settlement terms does not bar an assessee from contesting ...
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Income Tax Department finds Rs 5 crore cash in his house; Know how a 2008 circular saved him from prosecution
On April 2016, the income tax department conducted a search raid operation in Krishnaswami’s residence and found Rs 5 crore (4,93,84,300) cash which they considered as unaccounted and thus seized it.
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