https://www.taxtmi.com/highlights?id=52186 Penalty u/s 271AAA or 271(1)(c) - The penalties u/s 271(1)(c) and 271AAA are attracted in different situations and both are mutually exclusive. Having initiated the penalty u/s 271(1)(c), levy of penalty u/s 271AAA is not permissible. - AT en-us Fri, 06 Mar 2020 12:33:42 +0530 Fri, 06 Mar 2020 12:33:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52186 Penalty u/s 271AAA or 271(1)(c) - The penalties u/s 271(1)(c) and 271AAA are attracted in different situations and both are mutually exclusive. Having initiated the penalty u/s 271(1)(c), levy of penalty u/s 271AAA is not permissible. - AT Highlights Income Tax Fri, 06 Mar 2020 12:33:42 +0530 https://www.taxtmi.com/highlights?id=52186