Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Penalty equal to the amount taken or accepted for breach of cash receipt prohibition; imposition authority shifts to Assessing Officer.</h1> Acceptance of a loan, deposit or specified sum in contravention of section 269SS attracts a penalty equal to the amount so taken or accepted; the penalty previously imposed by the Joint Commissioner is, from 1 April 2025, to be imposed by the Assessing Officer.