Levy of penalty u/s 271D - Advances or other receipts of money ...

Penalty u/s 271D for Cash Transactions in Property Deals Applies Only Post-June 1, 2015, Due to Amendment.

March 26, 2019

Case Laws Income Tax AT

Levy of penalty u/s 271D - Advances or other receipts of money in cash in relation of transfer of immovable property came within the ambit of Section 269SS only w.e.f. 01.6.2015 - Amendment is prospective in nature, not applicable for earlier period.

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Levy of penalty u/s 271D - Advances or other receipts of money ...

Penalty u/s 271D for Cash Transactions in Property Deals Applies Only Post-June 1, 2015, Due to Amendment.

March 26, 2019

Case Laws Income Tax AT

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