Deletion of penalty u/s 271D – violation of section 269SS - in ...

High Court Rules No Penalty for Book Entry Transactions u/s 271D, No Cash Payments Involved.

December 24, 2014

Case Laws Income Tax HC

Deletion of penalty u/s 271D – violation of section 269SS - in view of the payments to the creditors, book entries were made in the journal of the assessee - there is no cash payment - penalty cannot be imposed - HC

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Deletion of penalty u/s 271D – violation of section 269SS - in ...

High Court Rules No Penalty for Book Entry Transactions u/s 271D, No Cash Payments Involved.

December 24, 2014

Case Laws Income Tax HC

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