Section 271AAA of the Act are very clear and unambiguous to drive home the point that for the "specified previous year‟ which includes year of search.


Last updated: 23 January 2021

Court :
ITAT Mumbai

Brief :
This appeal in ITA No.753/Mum/2014 for A.Y.2008-09 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-38, in appeal No.CIT(A)-38/IT-170/2011-12 dated 29/11/2013 (ld. CIT(A) in short) in the matter of imposition of penalty u/s.271(1)(c) of the Income Tax Act, 1961.

Citation :
ITA 753/MUM/2014

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