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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Penalty u/s 271E - violation of Section 269T - assessee was duly ...

Income Tax

May 28, 2016

Penalty u/s 271E - violation of Section 269T - assessee was duly necessitated by force to make the payments in cash to its director for onward transmission to the buyers of agricultural lands - assessee had duly adduced reasonable cause in terms of section 273B - No penalty - AT

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