Penalty U/s 271AAB - red diary found in search, wherein there ...
Case Laws Income Tax
July 5, 2019
Penalty U/s 271AAB - red diary found in search, wherein there are notings relating to cash advances given - as per the definition of undisclosed income u/s 271AAB, the said cash advance cannot be stated to be income which is represented by any money, bullion, jewellery or other valuable article or thing - no penalty
View Source