Whether penalty u/s 271AAB & 270A can be simultaneously invoked for specified years?
Penalty u/s 271AAB & 270A: In the realm of Indian income tax law, the penalties imposed under Sections 271AAB and 270A are significant components of the tax administration system. These sections are designed to deter non-compliance and ensure that taxpayers meet their obligations. However, the question of whether these penalties can be simultaneously…