INCOME TAX OFFICER- 2(1), UJJAIN vs. SMT. SAROJ THAKUR, UJJAIN
In the result appeal of the revenue is allowed
ITA 539/IND/2018[2013-14]Status: DisposedITAT Indore16 Feb 2021AY 2013-14
Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2013-14
Section 142(1)Section 143(3)Section 269SSection 271DSection 273B
68 of the Act. However since the loans were taken in cash
penalty u/s 271D of the Act was initiated and subsequently levied
for the contravention of provisions of section 269SS of the Act.
12. The penalty u/s 271D of the Act is attracted if the assessee
fails to comply with the provisions of Section 269SS
