Penalty u/s 271D and 271E – Cash loan transactions treated as ...

ITAT Accepts Assessee's Explanation for Cash Loans; Waives Penalties u/ss 271D and 271E.

August 2, 2014

Case Laws Income Tax HC

Penalty u/s 271D and 271E – Cash loan transactions treated as undisclosed income u/s 68 – waiver of penalty u/s 273B - explanation offered by the assessee was found satisfactory by the ITAT - No penalty - HC

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Penalty u/s 271D and 271E – Cash loan transactions treated as ...

ITAT Accepts Assessee's Explanation for Cash Loans; Waives Penalties u/ss 271D and 271E.

August 2, 2014

Case Laws Income Tax HC

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