TMI BlogPenalty u/s 271D - share application money - Since there is nothing on record to suggest that the...Penalty u/s 271D - share application money - Since there is nothing on record to suggest that the receipt of application money is in the nature of loan or deposit the provisions of section 269SS are not attracted. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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