No Penalty u/s 271AAB: Cash Payments Alone Don't Qualify as Undisclosed Income; No Stock Discrepancy Found.

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....Penalty u/s 271AAB - undisclosed income - there was no discrepancy found in the physical stock as well as stock recorded in the books of account despite the physical verification and inventorization carried out of investigating team - mere details of payment for purchases in cash would not constitute undisclosed income as per the definition provided in explanation to Section 271AAB - no penalty....