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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Penalty provision under IT Act This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Penalty provision under IT Act

When penalty under Section 271AAB(1A) may be imposed?

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Ans. Penalty under Section 271AAB(1A) may be imposed where a search has been initiated on or after 15-12-2016 and undisclosed income found.​

 

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