2018 (12) TMI 1774 - SCH - Income Tax

Penalty u/s 271D - failure to comply with Section 269SS - reasonable cause u/s 273B for entering into such transactions through journal entries - Tribunal holds that the failure to comply with Section 269SS was on account of reasonable cause on the part of the respondents - HELD THAT - No ground to entertain this petition. The Special Leave Petition is dismissed. Pending application(s), if any, stand disposed of.