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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Penalty u/s 271D - violation of Section 269SS ranged from just 1. ...


High Court waives penalties u/s 271D for minor cash transaction violations u/s 269SS of Income Tax Act.

September 29, 2012

Case Laws     Income Tax     HC

Penalty u/s 271D - violation of Section 269SS ranged from just 1.1% to 6.14% for the years under appeal - no penalty - HC

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