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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

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

Income Tax

December 26, 2014

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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