https://www.taxtmi.com/highlights?id=46902 Penalty u/s 271AAB - document found during the search is not an incriminating material when the entry and the income were duly recorded in the books of account - income surrendered on account of LTCG in the statement recorded u/s 132(4) does not fall in the ambit of definition of undisclosed income as contemplated in Explanation to section 271AAB - No penalty en-us Sat, 01 Jun 2019 07:56:18 +0530 Sat, 01 Jun 2019 07:56:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46902 Penalty u/s 271AAB - document found during the search is not an incriminating material when the entry and the income were duly recorded in the books of account - income surrendered on account of LTCG in the statement recorded u/s 132(4) does not fall in the ambit of definition of undisclosed income as contemplated in Explanation to section 271AAB - No penalty Highlights Income Tax Sat, 01 Jun 2019 07:56:18 +0530 https://www.taxtmi.com/highlights?id=46902