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Section 271AAA(3) exempts penalties u/s 271(1)(c) for assessment years 2008-2009 and 2009-2010.

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....Penalty u/s.271(1)(c) or penalty u/s.271AAA - The provisions of Section 271AAA(3) of the Act specifically excludes the provisions of Section 271(1)(c) of the Act for the said two specified previous years. The search in assessee’s case having been conducted on 27.09.2008. Two specified previous years are AYs.2008-2009 & 2009- 2010. For these two assessment years, the penalty, if at all leviable, was u/s.271AAA of the Act and not u/s.271(1)(c) of the Act. - AT....

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Section 271AAA(3) exempts penalties u/s 271(1)(c) for assessment years 2008-2009 and 2009-2010.