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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1)(c) OR 271AAA - Addition of undisclosed income ...

Income Tax

August 1, 2023

Penalty u/s 271(1)(c) OR 271AAA - Addition of undisclosed income found during search proceedings - No infirmity in the order of the ld.CIT(A) holding that the correct section for levy of penalty in the present case was under section 271AAA and not section 271(1)(c) which was invoked by the AO. - AT

 

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