Taxpayer Granted Exception u/s 271AAA for Voluntary Income Disclosure During Search and Seizure Operation.

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....Penalty u/s 271AAA - in course of search and seizure operation when the assessee came forward and offered certain income to show his bona fide and ultimately followed it up by actually offering such income to tax, in our view, the assessee should be given the benefit of the exceptions provided under sub-section (2) of section 271AAA. - AT....