https://www.taxtmi.com/highlights?id=14045 Penalty u/s 271AAA - assessee was asked to explain the entries in the 'work-in-progress sheet' - assessee was not asked about the manner in which such income was earned and also to substantiate the manner in which undisclosed income was derived - No penalty - AT en-us Fri, 23 Aug 2013 08:11:50 +0530 Fri, 23 Aug 2013 08:11:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=14045 Penalty u/s 271AAA - assessee was asked to explain the entries in the 'work-in-progress sheet' - assessee was not asked about the manner in which such income was earned and also to substantiate the manner in which undisclosed income was derived - No penalty - AT Highlights Income Tax Fri, 23 Aug 2013 08:11:50 +0530 https://www.taxtmi.com/highlights?id=14045