https://www.taxtmi.com/highlights?id=52744 Penalty u/s 271(1)(c) - dditional income while filing return as part of search proceedings - As such the income disclosed by the assessee was voluntarily without having found any document in the course of search. We also note that there no reference made by the authorities below to the documents of incriminating nature having bearing on the income of the assessee in their respective orders. - No penalty. en-us Fri, 03 Apr 2020 12:48:49 +0530 Fri, 03 Apr 2020 12:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52744 Penalty u/s 271(1)(c) - dditional income while filing return as part of search proceedings - As such the income disclosed by the assessee was voluntarily without having found any document in the course of search. We also note that there no reference made by the authorities below to the documents of incriminating nature having bearing on the income of the assessee in their respective orders. - No penalty. Highlights Income Tax Fri, 03 Apr 2020 12:48:49 +0530 https://www.taxtmi.com/highlights?id=52744