Penalty u/s 271D - small amounts on different occasions to meet ...

Case Laws Income Tax

May 23, 2019

Penalty u/s 271D - small amounts on different occasions to meet the urgent business needs has been taken from the company in which assessee is a director and shareholder - the reasonable cause given by the assessee for taking the said cash loan duly mandate that levy of penalty u/s 271D is not warranted

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Penalty u/s 271D - small amounts on different occasions to meet ...

Case Laws Income Tax

May 23, 2019

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