Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Prohibition on cash loans and deposits: accepting disallowed loans triggers criminal punishment and equivalent fine. Taking or accepting a loan or deposit in contravention of the statutory prohibition on certain cash transactions attracts criminal liability and a monetary penalty, with prescribed imprisonment up to two years and a fine equal to the amount of the loan or deposit; the provision has undergone insertion, amendment and later omission in legislative history.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Prohibition on cash loans and deposits: accepting disallowed loans triggers criminal punishment and equivalent fine.
Taking or accepting a loan or deposit in contravention of the statutory prohibition on certain cash transactions attracts criminal liability and a monetary penalty, with prescribed imprisonment up to two years and a fine equal to the amount of the loan or deposit; the provision has undergone insertion, amendment and later omission in legislative history.
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