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![No Penalty u/s 271 AAA(1) if Assessee offered Undisclosed Income in Statement Recorded u/s 132(4) and Ready to Pay Tax with Interest: ITAT [Read Order] No Penalty u/s 271 AAA(1) if Assessee offered Undisclosed Income in Statement Recorded u/s 132(4) and Ready to Pay Tax with Interest: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-Assessee-Undisclosed-Income-Ready-to-Pay-Tax-Interest-ITAT-Taxscan.jpeg)
No Penalty u/s 271 AAA(1) if Assessee offered Undisclosed Income in Statement Recorded u/s 132(4) and Ready to Pay Tax with Interest: ITAT [Read Order]
The Income Tax Appellate Tribunal, Delhi Bench has held that no penalty u/s 271 AAA(1) if assessee offered undisclosed income in statement...