Penalty orders passed u/s 271D and 271E - Violation of ...

Case Laws Income Tax

January 10, 2019

Penalty orders passed u/s 271D and 271E - Violation of provisions of section 269SS and 269T while taking/returning the loan in cash - the nature of transaction is not loan but a business advance for purchase of machinery - No penalty.

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Penalty orders passed u/s 271D and 271E - Violation of ...

Case Laws Income Tax

January 10, 2019

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