https://www.taxtmi.com/highlights?id=50049 Penalty u/s. 271AAB - value of excess stock considered to be ‘undisclosed income’ - there is no merit in the argument that the excess stock found noted in the stock inspection report prepared by the internal team of the assessee constituted ‘undisclosed income’ unearthed as a consequence of search. en-us Tue, 05 Nov 2019 22:03:35 +0530 Tue, 05 Nov 2019 22:03:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50049 Penalty u/s. 271AAB - value of excess stock considered to be ‘undisclosed income’ - there is no merit in the argument that the excess stock found noted in the stock inspection report prepared by the internal team of the assessee constituted ‘undisclosed income’ unearthed as a consequence of search. Highlights Income Tax Tue, 05 Nov 2019 22:03:35 +0530 https://www.taxtmi.com/highlights?id=50049