Penalty Confirmed for Assessee u/s 271(1)(c) for Undisclosed Income Found in Search, Declared Post Notice 153A.

Penalty Confirmed for Assessee u/s 271(1)(c) for Undisclosed Income Found in Search, Declared Post Notice 153A. https://www.taxtmi.com/highlights?id=29027 Penalty under section 271(1)(c) - assessee had declared the income in its return of income in response to notice issued under section 153A of the Act, it is income detected during the course of search and seizure operation - penalty confirmed - AT en-us Mon, 09 May 2016 00:40:15 +0530 Mon, 09 May 2016 00:40:15 +0530 TaxTMI RSS Generator Penalty Confirmed for Assessee u/s 271(1)(c) for Undisclosed Income Found in Search, Declared Post Notice 153A. https://www.taxtmi.com/highlights?id=29027 Penalty under section 271(1)(c) - assessee had declared the income in its return of income in response to notice issued under section 153A of the Act, it is income detected during the course of search and seizure operation - penalty confirmed - AT Highlights Income Tax Mon, 09 May 2016 00:40:15 +0530 https://www.taxtmi.com/highlights?id=29027