https://www.taxtmi.com/caselaws?id=341385 The tribunal concluded that the appellant complied with the requirements of Section 271AAA by disclosing the undisclosed income, specifying its derivation, and paying taxes with interest. The penalty imposed under Section 271AAA was deemed unsustainable as the appellant met the statutory obligations. Consequently, the tribunal allowed the appeal, setting aside the lower authorities' orders and deleting the penalty. en-us Wed, 29 Mar 2017 00:00:00 +0530 Wed, 05 Apr 2017 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341385 The tribunal concluded that the appellant complied with the requirements of Section 271AAA by disclosing the undisclosed income, specifying its derivation, and paying taxes with interest. The penalty imposed under Section 271AAA was deemed unsustainable as the appellant met the statutory obligations. Consequently, the tribunal allowed the appeal, setting aside the lower authorities' orders and deleting the penalty. Case-Laws Income Tax Wed, 29 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341385