Penalty under Section 271E applies where loans, deposits or specified advances are repaid in cash contrary to Section 269T. Penalty under Section 271E applies where any person repays a loan, deposit (including interest), or a specified advance in cash or by a mode contravening Section 269T. A 'specified advance' means any sum of money in the nature of advance related to the transfer of immovable property, whether or not the transfer occurs.