Simultaneous levy of penalty u/s. 271AAC and u/s. 271D

Mr. A has received notice from income tax department u/s. 148 , citing reasons of search at some other party and finding of incriminating material regarding repayment of cash loan of Rs. 10.00 lacs and payment of interest of Rs. 5.10 lacs. AO has made addition u/s. 69A in respect of alleged repayment of loan of Rs. 10.00 lacs and u/s. 69C in respect of alleged payment of interest of Rs. 5.10 lacs. Now AO wants to levy penalty both u/s. 271AAC and Rs. 271D . Your expert opinion is sought

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