Penalty Imposed at 10% u/s 271AAB(1)(c) for Additional Income Admitted During Section 132(4) Statement.

Penalty Imposed at 10% u/s 271AAB(1)(c) for Additional Income Admitted During Section 132(4) Statement. https://www.taxtmi.com/highlights?id=43470 Penalty u/s 271AAB (1)(c) - admission of additional income while recording the statement u/s 132(4) - the assessee fulfilled all the conditions therein and therefore, penalty shall be @ 10% in terms of clause (a) of sub-section (1) of section 271AAB en-us Sat, 22 Dec 2018 08:48:43 +0530 Sat, 22 Dec 2018 08:48:43 +0530 TaxTMI RSS Generator Penalty Imposed at 10% u/s 271AAB(1)(c) for Additional Income Admitted During Section 132(4) Statement. https://www.taxtmi.com/highlights?id=43470 Penalty u/s 271AAB (1)(c) - admission of additional income while recording the statement u/s 132(4) - the assessee fulfilled all the conditions therein and therefore, penalty shall be @ 10% in terms of clause (a) of sub-section (1) of section 271AAB Highlights Income Tax Sat, 22 Dec 2018 08:48:43 +0530 https://www.taxtmi.com/highlights?id=43470