https://www.taxtmi.com/highlights?id=54618 Levy of penalty u/s 271AAA - Defective notice - the Assessing Officer has not confronted the assessee to substantiate the manner in which the additional income was earned in the absence of such query. It cannot be inferred that the assessee failed to substantiate the manner which additional income was earned - Penalty deleted - AT en-us Fri, 04 Sep 2020 18:17:19 +0530 Fri, 04 Sep 2020 18:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54618 Levy of penalty u/s 271AAA - Defective notice - the Assessing Officer has not confronted the assessee to substantiate the manner in which the additional income was earned in the absence of such query. It cannot be inferred that the assessee failed to substantiate the manner which additional income was earned - Penalty deleted - AT Highlights Income Tax Fri, 04 Sep 2020 18:17:19 +0530 https://www.taxtmi.com/highlights?id=54618