Levy of penalty u/s 271D - violation of provision 269SS - ...

Case Laws Income Tax

September 2, 2019

Levy of penalty u/s 271D - violation of provision 269SS - assessee has given promissory note and accepted the loan in cash - The contention of the assessee that the transaction was related to the company was not established with any tangible evidence. - Levy of penalty confirmed.

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Levy of penalty u/s 271D - violation of provision 269SS - ...

Case Laws Income Tax

September 2, 2019

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