Penalty u/s 271AAB - admission of undisclosed income - assessment u/s 153B - defective notice -...

Penalty u/s 271AAB - admission of undisclosed income - assessment u/s 153B - defective notice - initiation of penalty proceedings u/s 271AAB without specifying the default as well as the particular clause of section 271AB(1) under which the penalty was proposed to be levied, the same is very vague and silent - Penalty deleted. .....

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