Penalty u/s 271D - Cash loan taken from the Partner of the ...

No Penalty for Assessee Due to Bona Fide Belief on Cash Loan from Partner u/s 271D, Section 269SS Not Applied.

January 29, 2020

Case Laws Income Tax AT

Penalty u/s 271D - Cash loan taken from the Partner of the Partnership Firm -Assessee with a bona fide belief that the provisions of section 269SS are not applicable has availed the cash loan from the partner - No penalty.

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Penalty u/s 271D - Cash loan taken from the Partner of the ...

No Penalty for Assessee Due to Bona Fide Belief on Cash Loan from Partner u/s 271D, Section 269SS Not Applied.

January 29, 2020

Case Laws Income Tax AT

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