<s>[INST] What is the amount of penalty levied under section 271AAB(1A)? [/INST] ​​​30% of undisclosed income of the specified previous year if assessee admits the undisclosed income; substantiates the manner in which it was derived; and on or before the specified date pays the tax, together with interest thereon and furnishes the return of income for the specified previous year declaring such undisclosed income
60% of undisclosed income of the specified previous year in any other case.​ </s>