TMI BlogPenalty u/s 271D - The assessee failed to discharge its burden in proving that there was a reasonable...Penalty u/s 271D - The assessee failed to discharge its burden in proving that there was a reasonable cause in accepting the deposits from staff members other than by way of cheque or draft - ITAT erred egregiously in deleting the penalty - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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