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<\/i> Income tax <\/a> Section 271AAB Revisions in Finance Bill 2025: What Taxpayers Must Know <\/h1> <\/div>
The Finance Bill 2025 introduces significant amendments to Section 271AAB of the Income Tax Act, 1961, focusing on penalties for undisclosed income during search and seizure operations. This blog delves into the increased penalty rates, revised disclosure timelines, and stricter compliance requirements, providing a comprehensive understanding of how these changes affect taxpayers and the broader implications for tax compliance <\/p>
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<\/div> Krishna Gopal Varshney <\/a>
An editor at Myitronline<\/p> <\/div>

Feb 22, 2025<\/li>
5 min read<\/li>
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##FinanceBill2025 <\/a> <\/li>
##Section271AAB <\/a> <\/li>
##IncomeTax <\/a> <\/li>
##TaxPenalties<\/a> <\/li>
##TaxCompliance<\/a> <\/li>
##UndisclosedIncome<\/a> <\/li>
##TaxReforms<\/a> <\/li>
# #SearchAndSeizure<\/a> <\/li>
##Apnokaca<\/a> <\/li> <\/ul> <\/div> <\/div>

The Finance Bill 2025 introduces significant amendments to Section 271AAB of the Income Tax Act, 1961, focusing on penalties for undisclosed income during search and seizure operations. This blog delves into the increased penalty rates, revised disclosure timelines, and stricter compliance requirements, providing a comprehensive understanding of how these changes affect taxpayers and the broader implications for tax compliance

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Krishna Gopal Varshney <\/a><\/h4> An editor at Myitronlinenews<\/small> <\/div> View Articles<\/a> <\/div>
Krishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business\/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates. <\/p> <\/div> <\/div>

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