No Penalty Imposed: Requirements Met u/s 271AAA(2) of Income Tax Act; Query Absence Noted During Statement Recording.

No Penalty Imposed: Requirements Met u/s 271AAA(2) of Income Tax Act; Query Absence Noted During Statement Recording. https://www.taxtmi.com/highlights?id=47237 Penalty u/s 271AAA(2) - specification the manner of undisclosed income and substantiated the manner in which the income was derived - no such query at the time of recording statement u/s 132(4) - concurrent findings that all the three as stipulated in sub-section (2) of Section 271AAA are fulfilled - no penalty en-us Mon, 17 Jun 2019 07:13:33 +0530 Sun, 16 Jun 2019 17:57:00 +0530 TaxTMI RSS Generator No Penalty Imposed: Requirements Met u/s 271AAA(2) of Income Tax Act; Query Absence Noted During Statement Recording. https://www.taxtmi.com/highlights?id=47237 Penalty u/s 271AAA(2) - specification the manner of undisclosed income and substantiated the manner in which the income was derived - no such query at the time of recording statement u/s 132(4) - concurrent findings that all the three as stipulated in sub-section (2) of Section 271AAA are fulfilled - no penalty Highlights Income Tax Mon, 17 Jun 2019 07:13:33 +0530 https://www.taxtmi.com/highlights?id=47237