Taxpayer Penalized u/s 271(1)(c) Despite Voluntary Disclosure; CIT(A) Upholds Penalty Unjustly.

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....Penalty levied u/s. 271(1)(c) - Suo-moto declaration of undisclosed assets located outside India under section 59 of the Black Money (Undisclosed Foreign Income and Asset and Imposition of Tax Act, 2015) - assessee paid the tax @ 30% along with equal amount by way of penalty. - Assessing Officer did not apply his mind. The ld. CIT(A) has unreasonably sustained the impugned penalty levied u/s. 271(1)(c) of the Act. - AT....