Please solve this problem

Dear URMILA,

1) Escaped Income in reference to assessment u/s 147 means the Income which didn't come to the notice of AO  (whether due to the wilful act of assesse or not) at the time of earlier assessments..

In short it means that Income which was not subjected to tax earlier but on which tax should have been levid..It can also be because of NEGLIGENCE of AO..

2) Concealed Income :- Basically which ASSESSEE has concealed by his wilful act...

Hi urmila,.... I hope u know the difference between FRAUD & ERROR....

The same follows for escaped and concealed income... I think AMIR'S explaination is more than enough to give any further notifications....

Originally posted by : D н ! я σ √
	Hi urmila,.... I hope u know the difference between FRAUD & ERROR....   The same follows for escaped and concealed income... I think AMIR'S explaination is more than enough to give any further notifications....

Agrre With Amir.........

Hi Dhiraj ,, Amir Explanation is Better From My View........
 

As U Although Not Mentioned Here That in The Escaped & Concealed, Which is Error & Which is Fraud.

Yaar ayush, hw can u be so dumb buddy???

I've pointed amir's answer wid mine and also mentioned that there's no need to give any further explaination... dont u see that??? and thats why i didnt explained it...

Moreover, and even a small child connects amir's answer wid mine, he'll get that escaped is error and concealed is fault....

Agrre With Amir

 Thanks of all for giving answer because it is also my Question.