https://www.taxtmi.com/highlights?id=49235 Levy of penalty u/s 271AAA - allegation that, assessee had not accounted for this surrendered income in his books of account on the date of search and further the assessee has failed to specify the manner in which such income has been derived and even failed to substantiate such manner, is not correct - no penalty - AT en-us Thu, 12 Sep 2019 11:01:15 +0530 Thu, 12 Sep 2019 11:01:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49235 Levy of penalty u/s 271AAA - allegation that, assessee had not accounted for this surrendered income in his books of account on the date of search and further the assessee has failed to specify the manner in which such income has been derived and even failed to substantiate such manner, is not correct - no penalty - AT Highlights Income Tax Thu, 12 Sep 2019 11:01:15 +0530 https://www.taxtmi.com/highlights?id=49235