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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Penalty u/s 271D - receipt of cash loans exceeding ₹ ...

Case Laws     Income Tax

January 4, 2019

Penalty u/s 271D - receipt of cash loans exceeding ₹ 20,000/- in contravention of section 269SS from the company by the director - the said amount has also been re-deposited as evidenced by the bank statements - No penalty.

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