Penalty u/s 271(1)(c) Invalid Due to Incorrect Provision; Section 271AAA Should Apply for Land Trading Profit.

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....Penalty u/s 271(1)(c) OR u/s 271AAA - addition made on account of unexplained profit for Land trading pursuant to search proceedings - Penalty has been levied under the wrong provisions of the Act i.e. section 271(1)(c) of the Act and therefore the same is not maintainable. - AT....