https://www.taxtmi.com/caselaws?id=181370 The Tribunal allowed the appeals and deleted the penalties imposed under sections 271(1)(c) and 271AAA for the respective assessment years. It was concluded that the disclosure of income was voluntary before the search, and there was no concealment or inaccurate particulars in the returns filed under section 153A. Additionally, the conditions specified in sub-section 2 of section 271AAA were satisfied, leading to the dismissal of the penalty under that section as well. en-us Tue, 18 Mar 2014 00:00:00 +0530 Fri, 15 Apr 2016 11:20:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181370 The Tribunal allowed the appeals and deleted the penalties imposed under sections 271(1)(c) and 271AAA for the respective assessment years. It was concluded that the disclosure of income was voluntary before the search, and there was no concealment or inaccurate particulars in the returns filed under section 153A. Additionally, the conditions specified in sub-section 2 of section 271AAA were satisfied, leading to the dismissal of the penalty under that section as well. Case-Laws Income Tax Tue, 18 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181370