Penalty u/s 271AAB - additional income disclosures only during ...

Section 271AAB Penalty: Applies with material evidence when additional income is disclosed during tax search operations.

March 5, 2019

Case Laws Income Tax AT

Penalty u/s 271AAB - additional income disclosures only during the course of search & seizure operation buy peace of mind and avoid any further litigation. - 271AAB comes into play in case of corresponding material only than automatic in case of a search.

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Penalty u/s 271AAB - additional income disclosures only during ...

Section 271AAB Penalty: Applies with material evidence when additional income is disclosed during tax search operations.

March 5, 2019

Case Laws Income Tax AT

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