TMI BlogNo Penalty Imposed for Cash Transactions Among Relatives u/s 271D Due to Genuine Intent.Penalty u/s.271D - contravention of provision of section 269SS - Accepting Loan / Deposits in cash - transactions with the close relatives - Genuineness of the cash transaction has not been doubted. - No penalty. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|