Penalty u/s.271D - violation of Section 269SS - adjustments ...

No penalty u/s 271D for alleged Section 269SS violation due to absence of cash payment in journal entries.

October 19, 2016

Case Laws Income Tax HC

Penalty u/s.271D - violation of Section 269SS - adjustments through journal entries - Since there was no payment in cash either by the assessee or on its behalf it could not be said that there was any violation of Section 269SS - No penalty - HC

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Penalty u/s.271D - violation of Section 269SS - adjustments ...

No penalty u/s 271D for alleged Section 269SS violation due to absence of cash payment in journal entries.

October 19, 2016

Case Laws Income Tax HC

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