Penalty u/s.271D - contravention of provision of section 269SS - ...
No Penalty Imposed for Cash Transactions Among Relatives u/s 271D Due to Genuine Intent.
December 23, 2019
Case Laws Income Tax AT
Penalty u/s.271D - contravention of provision of section 269SS - Accepting Loan / Deposits in cash - transactions with the close relatives - Genuineness of the cash transaction has not been doubted. - No penalty.
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