Penalty Waived for Assessee as Section 271AAA Immunity Mirrors Clause (2) of Explanation 5, Section 271(1)(c).

Penalty Waived for Assessee as Section 271AAA Immunity Mirrors Clause (2) of Explanation 5, Section 271(1)(c). https://www.taxtmi.com/highlights?id=20386 Penalty u/s 271AAA in case of search – Provisions of clause (2) of explanation 5 appended to section 271(1)(c) are similar to immunity granted to assessee under clause (2) of section 271AAA - penalty waived - AT en-us Fri, 17 Oct 2014 12:25:50 +0530 Fri, 17 Oct 2014 12:25:50 +0530 TaxTMI RSS Generator Penalty Waived for Assessee as Section 271AAA Immunity Mirrors Clause (2) of Explanation 5, Section 271(1)(c). https://www.taxtmi.com/highlights?id=20386 Penalty u/s 271AAA in case of search – Provisions of clause (2) of explanation 5 appended to section 271(1)(c) are similar to immunity granted to assessee under clause (2) of section 271AAA - penalty waived - AT Highlights Income Tax Fri, 17 Oct 2014 12:25:50 +0530 https://www.taxtmi.com/highlights?id=20386