No Penalty Imposed: Section 271AAB Not Applicable Without Undisclosed Income or Incriminating Material Found in Search.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Penalty u/s 271AAB - disclosure of additional income in the return of income filed under section 153A - there was no undisclosed income found during the course of search and no incriminating material was found - no case for imposing penalty u/s 271AAB - AT....