search and seizure

This query is : Resolved

CA Chandan Sharma (Querist)
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16 January 2011 Please help me on Query related to search and seizure

One of my client face the search and seizure process and on behalf of client we flied the revised return for last 6 year with 12% addition made by us as undisclosed income.
Now we got order from income tax department they have added additional 2% as undisclosed income.
My query is
1 Is there any case law to get the relief from 2% additional addition

If any further clarification needs please ask me and provide me solution with case law

Guest

Guest (Expert)

16 January 2011 pl. clarify why the additional 12% as undisclosed income was disclosed ?

CA Chandan Sharma

CA Chandan Sharma (Querist)
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16 January 2011 12 % added as % of part b expenses

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Guest

Guest (Expert)

17 January 2011 there is no such standard formula contest the case in appeal on the facts & circumstances of the case.