https://www.taxtmi.com/manuals?id=1378 A special penalty provision imposes graded penalties in addition to tax and interest for undisclosed income found in searches under section 132, with bands tied to the assessee's admission, substantiation, tax payment and return filing by the specified date. The provision defines specified previous year and undisclosed income, excludes certain other penalties in respect of the same undisclosed income, and makes relevant procedural penalty provisions applicable. en-us Thu, 07 Jan 2016 17:39:00 +0530 Thu, 12 Jun 2025 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1378 A special penalty provision imposes graded penalties in addition to tax and interest for undisclosed income found in searches under section 132, with bands tied to the assessee's admission, substantiation, tax payment and return filing by the specified date. The provision defines specified previous year and undisclosed income, excludes certain other penalties in respect of the same undisclosed income, and makes relevant procedural penalty provisions applicable. Manuals Income Tax Thu, 07 Jan 2016 17:39:00 +0530 https://www.taxtmi.com/manuals?id=1378