https://www.taxtmi.com/caselaws?id=117274 The Appellate Tribunal ITAT Lucknow dismissed the Revenue's appeal and upheld the decision of the ld. CIT(A) to delete penalties imposed under sections 271D and 269T for violations of sections 269SS and 269T. The Tribunal held that in the absence of a transfer of money through the prescribed mode, the violations could not be accepted. It was determined that there was no evidence of intentional violation, leading to the cancellation of penalties. The assessee's Cross Objection was disposed of accordingly. en-us Thu, 25 Jul 2002 00:00:00 +0530 Thu, 21 Jun 2012 14:29:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117274 The Appellate Tribunal ITAT Lucknow dismissed the Revenue's appeal and upheld the decision of the ld. CIT(A) to delete penalties imposed under sections 271D and 269T for violations of sections 269SS and 269T. The Tribunal held that in the absence of a transfer of money through the prescribed mode, the violations could not be accepted. It was determined that there was no evidence of intentional violation, leading to the cancellation of penalties. The assessee's Cross Objection was disposed of accordingly. Case-Laws Income Tax Thu, 25 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117274