https://www.taxtmi.com/caselaws?id=360690 The Tribunal upheld penalties under sections 271(1)(c) and 271AAA of the Income Tax Act for Assessment Years 2007-08, 2009-10, and 2010-11. The penalties were confirmed as the assessee failed to declare undisclosed income in returns and did not voluntarily pay taxes on the surrendered income. The Tribunal dismissed all appeals, affirming the penalties imposed by the authorities. en-us Fri, 11 May 2018 00:00:00 +0530 Mon, 21 May 2018 12:13:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360690 The Tribunal upheld penalties under sections 271(1)(c) and 271AAA of the Income Tax Act for Assessment Years 2007-08, 2009-10, and 2010-11. The penalties were confirmed as the assessee failed to declare undisclosed income in returns and did not voluntarily pay taxes on the surrendered income. The Tribunal dismissed all appeals, affirming the penalties imposed by the authorities. Case-Laws Income Tax Fri, 11 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360690