TMI BlogOnce it has been held as deemed income of the assessee or an addition u/s.68, has been made the...Once it has been held as deemed income of the assessee or an addition u/s.68, has been made the character of the said amount/addition will not remain as a loan or deposit and section 269-SS will not be applicable - No penalty u/s 271D - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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