Penalty proceedings u/s 271D - contravention of the provisions ...

Case Laws Income Tax

February 24, 2023

Penalty proceedings u/s 271D - contravention of the provisions of Section 269SS - Once the AO has treated the personal expenses incurred by the Company as income of the assessee (Director), then the same amount cannot be treated as loan in violation of the provisions of Section 269SS of the Act 1961 - HC

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Penalty proceedings u/s 271D - contravention of the provisions ...

Case Laws Income Tax

February 24, 2023

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