https://www.taxtmi.com/highlights?id=26376 Penalty u/s 271(1)(c) - surrender of income - suo motu further income declared in the returns filed u/s 153A - Explanation 5A has specific application, the contention of ld. DR. that penalty are sustainable due to the implication of word transaction mentioned in sub clause ii of explanation. 5A cannot be accepted. - AT en-us Mon, 14 Dec 2015 11:50:44 +0530 Mon, 14 Dec 2015 11:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=26376 Penalty u/s 271(1)(c) - surrender of income - suo motu further income declared in the returns filed u/s 153A - Explanation 5A has specific application, the contention of ld. DR. that penalty are sustainable due to the implication of word transaction mentioned in sub clause ii of explanation. 5A cannot be accepted. - AT Highlights Income Tax Mon, 14 Dec 2015 11:50:44 +0530 https://www.taxtmi.com/highlights?id=26376