Explanation 5A. 6.8. In CIT v. SAS Pharmaceuticals
11 Taxmann.com 207High Court2011#3069 most cited
What is Explanation 5A. 6.8. In CIT v. SAS Pharmaceuticals authority for?
Penalty under section 271(1)(c) can be imposed on income surrendered during a survey if the assessee shows such income in its regular income-tax return filed within the prescribed time. Discrepancies found during a survey yielding surrendered income may not automatically attract penalty if the conditions stipulated in Section 271(1)(c) are not met.
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judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2015 to 2025.
Also referred to as
CIT v. SAS Pharmaceuticals · section 271(1)(c) · penalty · income surrendered · survey · regular income-tax return
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Issues it is cited on
Judgments citing Explanation 5A. 6.8. In CIT v. SAS Pharmaceuticals
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