https://www.taxtmi.com/caselaws?id=434508 The Court held that the penalty should be imposed under Section 271AAB, not Section 271(1)(c), as the search was conducted post 01.07.2012, regardless of the presence of incriminating documents. The appeal was dismissed, affirming the decisions of the CIT(A) and ITAT as legally sound. en-us Tue, 21 Feb 2023 00:00:00 +0530 Mon, 14 Aug 2023 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434508 The Court held that the penalty should be imposed under Section 271AAB, not Section 271(1)(c), as the search was conducted post 01.07.2012, regardless of the presence of incriminating documents. The appeal was dismissed, affirming the decisions of the CIT(A) and ITAT as legally sound. Case-Laws Income Tax Tue, 21 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434508