https://www.taxtmi.com/highlights?id=6401 Penalty u/s 271D & 271E - when it is not established that the assessee had taken loan or deposit, the question of further presumption that such loan or deposit was repaid during the year under consideration was without any basis or material on record - AT en-us Sat, 05 Jan 2013 21:24:10 +0530 Sat, 05 Jan 2013 21:24:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=6401 Penalty u/s 271D & 271E - when it is not established that the assessee had taken loan or deposit, the question of further presumption that such loan or deposit was repaid during the year under consideration was without any basis or material on record - AT Highlights Income Tax Sat, 05 Jan 2013 21:24:10 +0530 https://www.taxtmi.com/highlights?id=6401