https://www.taxtmi.com/highlights?id=40818 Levy of penalty u/s 271(1)(c) - large income admitted in the returns filed u/s. 153A - Had it been there is no search, the assessee would not have disclosed the income in respect of the undisclosed income. Hence, such amounts squarely come within the purview of penalty u/s. 271(1)(c) of the Act. en-us Sat, 11 Aug 2018 08:30:47 +0530 Sat, 11 Aug 2018 08:30:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40818 Levy of penalty u/s 271(1)(c) - large income admitted in the returns filed u/s. 153A - Had it been there is no search, the assessee would not have disclosed the income in respect of the undisclosed income. Hence, such amounts squarely come within the purview of penalty u/s. 271(1)(c) of the Act. Highlights Income Tax Sat, 11 Aug 2018 08:30:47 +0530 https://www.taxtmi.com/highlights?id=40818