Sec. 271AAA penalty deleted as assessee disclosed manner of earning undisclosed income; SLP dismissed
Notice issued on dead person was invalid, such notice could not bind legal heirs unless proper notice was issued on them
Interesting case: Interest recovered directly from bank account through electronic clearing system is also liable for TDS
CBDT dedicates 16th May to 31st May forexpeditious disposal of taxpayer’s claims for appeal effect & rectification.