https://www.taxtmi.com/highlights?id=49695 Penalty u/s. 271AAA(2) - Assessment u/s 153 - where the revenue had failed to question the assessee while recording the statement u/s 132(4) of the Act as regards the manner of deriving such income, it cannot jump to the consequential or laster requirement of substantiating the manner of deriving the income. en-us Sun, 13 Oct 2019 11:44:52 +0530 Sun, 13 Oct 2019 11:44:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49695 Penalty u/s. 271AAA(2) - Assessment u/s 153 - where the revenue had failed to question the assessee while recording the statement u/s 132(4) of the Act as regards the manner of deriving such income, it cannot jump to the consequential or laster requirement of substantiating the manner of deriving the income. Highlights Income Tax Sun, 13 Oct 2019 11:44:52 +0530 https://www.taxtmi.com/highlights?id=49695