Penalty u/s 271D - receipt of deposit of loan or repayment of ...

Penalty Waived for Non-Banking Loan Transactions u/s 271D Due to Reasonable Cause in Section 273B.

April 29, 2020

Case Laws Income Tax AT

Penalty u/s 271D - receipt of deposit of loan or repayment of the same otherwise than banking channel - adjustments through journal entries - the assessee’s case is squarely falls under a reasonable cause under section 273B - No penalty - AT

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Penalty u/s 271D - receipt of deposit of loan or repayment of ...

Penalty Waived for Non-Banking Loan Transactions u/s 271D Due to Reasonable Cause in Section 273B.

April 29, 2020

Case Laws Income Tax AT

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