AO Not Required to Conclude Income as Undisclosed u/s 271AAB(1); Relates to Penalties in Search Operations.

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....Penalty u/s 271AAB - AO has to arriving to the conclusion that the income disclosed by the assessee in the statement recorded U/s 132(4) is an undisclosed income in terms of Section 271AAB(1) r.w. explanation - not mandatory....