TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of Section 271D penalty for contravention of Section 269SS was imposed on consideration received in cash towards sale of property. The Tribunal, following precedents, held that the 'specified sum' u/s 269SS applies only to advances received for immovable property transfer, not the consideration itself. Consequently, the Tribunal directed deletion of the penalty levied u/s 271D, deciding in favor of the assessee.
TaxTMI 
TaxTMI 
