23 results for “penalty u/s 271”+ House Propertyclear
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housing loan to HDFC bank could not be explained by the assessee before the lower authorities Therefore, the repayment of loan to HDFC bank has to be taken as income of the assessee. 28. The assessee has withdrawn an amount of Rs.2,91,600 from the bank. Since the amount was withdrawn from bank out of the deposit made