Penalty u/s 271D - Taking cash loans in violation of Section ...

Case Laws Income Tax

January 18, 2019

Penalty u/s 271D - Taking cash loans in violation of Section 269SS - To meet the financial requirements of repayment, for which the lenders were hard pressing, the assessee had to borrow money from unorganized finance sector in cash - No penalty.

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Penalty u/s 271D - Taking cash loans in violation of Section ...

Case Laws Income Tax

January 18, 2019

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