Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Penalty u/s 271D - Journal entries - urgent need to make payment towards EPF - there was cash deposit in the bank account which is contravention of the provisions of Section 269SS (b) - The assessee clearly established that the loan availed by the Director is transferred to the assessee company because of its company is urgent need of cash/finance. - No penalty - AT
Penalty u/s 271D - Journal entries - urgent need to make payment towards EPF - there was cash deposit in the bank account which is contravention of the provisions of Section 269SS (b) - The assessee clearly established that the loan availed by the Director is transferred to the assessee company because of its company is urgent need of cash/finance. - No penalty - AT
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