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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Penalty u/s 271AAB - the case of the assessee does not fall ...

Case Laws     Income Tax

January 9, 2020

Penalty u/s 271AAB - the case of the assessee does not fall under the provisions of section 271AAB(3) of the Act but under the provisions of section 271AAB(1) of the Act and minimum penalty@ 10% of the undisclosed income is leviable.

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