When the genuineness of the transaction has not been doubted by ...

Penalties u/ss 271D and 271E should not apply due to unchallenged transaction authenticity and loan urgency.

June 21, 2018

Case Laws Income Tax AT

When the genuineness of the transaction has not been doubted by the lower authorities as also the importance of urgency of raising cash loan, the penalty u/s 271D & 271E ought not to have been levied

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When the genuineness of the transaction has not been doubted by ...

Penalties u/ss 271D and 271E should not apply due to unchallenged transaction authenticity and loan urgency.

June 21, 2018

Case Laws Income Tax AT

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