https://www.taxtmi.com/highlights?id=53469 Penalty u/s 271AAB - there is no finding in the penalty order to this effect that undisclosed income so found and surrendered during the course of search falls under the definition of “undisclosed income” as so defined in section 271AAB and in absence thereof, on this ground itself, the impugned penalty proceedings deserve to be set-aside. en-us Fri, 22 May 2020 12:58:58 +0530 Fri, 22 May 2020 12:58:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53469 Penalty u/s 271AAB - there is no finding in the penalty order to this effect that undisclosed income so found and surrendered during the course of search falls under the definition of “undisclosed income” as so defined in section 271AAB and in absence thereof, on this ground itself, the impugned penalty proceedings deserve to be set-aside. Highlights Income Tax Fri, 22 May 2020 12:58:58 +0530 https://www.taxtmi.com/highlights?id=53469