TMI BlogPenalty under section 271E - AO did not identify the loanee or depositor and has simply invoked the...Penalty under section 271E - AO did not identify the loanee or depositor and has simply invoked the provisions in relation to an internal financial adjustment among the firms - no penalty - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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