No penalty if income offered for taxation is equivalent to income returned pursuant to sec. 153A notice

September 21, 2015[2015] 61 taxmann.com 180 (Calcutta)

IT : Where difference between income declared under section 139(1), additional income offered under section 132(4) and assessed income under section 153A being identical with income returned under section 153A, no penalty under section 271(1)(c) is leviable