https://www.taxtmi.com/highlights?id=69367 Penalty u/s 271(1)(c) OR u/s 271AAA - addition made on account of unexplained profit for Land trading pursuant to search proceedings - Penalty has been levied under the wrong provisions of the Act i.e. section 271(1)(c) of the Act and therefore the same is not maintainable. - AT en-us Sat, 22 Apr 2023 11:33:17 +0530 Sat, 22 Apr 2023 11:33:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69367 Penalty u/s 271(1)(c) OR u/s 271AAA - addition made on account of unexplained profit for Land trading pursuant to search proceedings - Penalty has been levied under the wrong provisions of the Act i.e. section 271(1)(c) of the Act and therefore the same is not maintainable. - AT Highlights Income Tax Sat, 22 Apr 2023 11:33:17 +0530 https://www.taxtmi.com/highlights?id=69367