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Income Recorded in Business Documents Not Considered Undisclosed u/s 271AAB.

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....Penalty - Since the income under question was in fact entered in the “other documents” maintained in the normal course, which document was retrieved during search, hence, the amount offered by the assessee does not fall in the ken of “undisclosed income” defined in Sec. 271AAB - AT....

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Income Recorded in Business Documents Not Considered Undisclosed u/s 271AAB.