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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Penalty u/s 271D - receipt of loan / deposit in violating of ...


Assessing Officer Omits Satisfaction Note, No Penalty Imposed for Loan Violations u/s 271D and 269SS.

January 7, 2019

Case Laws     Income Tax     AT

Penalty u/s 271D - receipt of loan / deposit in violating of section 269SS - Assessing officer had not recorded any satisfaction regarding the penalty proceedings u/s 271D of the Act in the assessment order passed u/s 143(3) - No penalty.

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