https://www.taxtmi.com/highlights?id=38158 Levy of penalty - disclosure made u/s 132(4) at the time of search on undisclosed stock - the excess stock does fall under the definition of ‘undisclosed income’ and consequently penalty u/s 271AAB of the Act is leviable for the same - AT en-us Thu, 01 Mar 2018 07:40:39 +0530 Thu, 01 Mar 2018 07:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38158 Levy of penalty - disclosure made u/s 132(4) at the time of search on undisclosed stock - the excess stock does fall under the definition of ‘undisclosed income’ and consequently penalty u/s 271AAB of the Act is leviable for the same - AT Highlights Income Tax Thu, 01 Mar 2018 07:40:39 +0530 https://www.taxtmi.com/highlights?id=38158