The AO had reopened a case u/s 148 for Ay 2012-13The computation had income of rs 25 lacs ,tds of rs 10 lacs and self assessment tax of rs 1 lac. The assessment order was passed as per the computation. However in the penalty notice u/s 271(1)(c) he had stated that the entire income to be considered as concealed income and penalty to be levied of rs 11 lacs. Can he pass the order to that effect or the maximum amount of penalty chargeable is the tax evaded of rs 1 lac?
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