Penalty u/s 271D - Loan and advances to partners - no separate ...

High Court Rules No Penalty for Loans to Partners u/s 271D, Citing Section 273B Relief Conditions.

March 14, 2013

Case Laws Income Tax HC

Penalty u/s 271D - Loan and advances to partners - no separate identity for the partnership firm and that the partner is entitled to use the funds of the firm - No penalty in view of Sec. 273B - HC

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Penalty u/s 271D - Loan and advances to partners - no separate ...

High Court Rules No Penalty for Loans to Partners u/s 271D, Citing Section 273B Relief Conditions.

March 14, 2013

Case Laws Income Tax HC

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