Alternate statutory remedy governs GST assessment challenge, with statutory appeal preserved and limitation objection barred for the permitted filing ...
Penalty u/s 271D - assessee has accepted cash amounts from his father - on cancellation of land deal, in the hands of father, the amount was returned to the assessee and such transaction cannot be tagged as loan or advance in contravention of section 69SS - No penalty.
Penalty u/s 271D - assessee has accepted cash amounts from his father - on cancellation of land deal, in the hands of father, the amount was returned to the assessee and such transaction cannot be tagged as loan or advance in contravention of section 69SS - No penalty.
Note: It is a system-generated summary and is for quick reference only.