Penalty u/s 271E - Company has directly repaid the loan taken ...

Income Tax

March 26, 2016

Penalty u/s 271E - Company has directly repaid the loan taken from Director to Bank - violation of section 269T - The assessee has demonstrated that under the compulsion the payment was directly credited in the bank account of the Director. Strictly it was not paid in cash - No penalty - AT

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Penalty u/s 271E - Company has directly repaid the loan taken ...

Income Tax

March 26, 2016

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