Confirmation of penalty u/s 271D – Violation of section 269SS - ...

Penalty Upheld for Violating Section 269SS: Cash Loan Obtained, No Distinction Between Genuine and Non-Genuine Transactions.

December 26, 2014

Case Laws Income Tax AT

Confirmation of penalty u/s 271D – Violation of section 269SS - Assessee obtained unsecured loan in cash - when the provision does not make any distinction whether a transaction is genuine or not, it cannot be read into the statutory provision. - AT

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Confirmation of penalty u/s 271D – Violation of section 269SS - ...

Penalty Upheld for Violating Section 269SS: Cash Loan Obtained, No Distinction Between Genuine and Non-Genuine Transactions.

December 26, 2014

Case Laws Income Tax AT

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