Recently, the Delhi High Court stated that for concealment of income above Rs.50 Lakhs, an extended period of limitation would apply. The bench of Justices Rajiv Shakdher and Girish Kathpalia was dealing with the case where the case of the petitioners is that in cases where the alleged escaped income is below the prescribed monetary
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.