https://www.taxtmi.com/caselaws?id=373373 The Tribunal upheld the decision to delete the penalty under section 271AAA of the Income Tax Act, as the assessee fulfilled conditions by admitting undisclosed income and specifying the earning manner. The judgment highlights the significance of meeting statutory requirements to avoid penalties. en-us Wed, 09 Jan 2019 00:00:00 +0530 Fri, 11 Jan 2019 11:28:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373373 The Tribunal upheld the decision to delete the penalty under section 271AAA of the Income Tax Act, as the assessee fulfilled conditions by admitting undisclosed income and specifying the earning manner. The judgment highlights the significance of meeting statutory requirements to avoid penalties. Case-Laws Income Tax Wed, 09 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373373