Levy of penalty u/s 271E - loan given in cash - assessee had ...
No Penalty u/s 271E for Cash Loan Used for Father's Medical Treatment Due to Humanitarian Grounds.
October 20, 2018
Case Laws Income Tax AT
Levy of penalty u/s 271E - loan given in cash - assessee had made the payment for medical treatment of his father in cash - The sources for meeting the medical expenses and post medical expenses have to considered on humane grounds and as per the requirements of the patients to save the lives - No penalty.
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