Abhishek Singhvi moves IT settlement commission over undeclared income

Congress spokesperson and Rajya Sabha MP Abhishek Manu Singhvi has moved the Income Tax Settlement Commission (ITSC), seeking immunity from levy of penalty or institution of proceedings for prosecution. Singhvi has disclosed "undeclared income" of around Rs 11 crore and paid Rs 3.26 crore as tax on the amount after receiving notices from the Income Tax Department about his returns.

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