https://www.taxtmi.com/highlights?id=6439 Penalty u/s 271E - it may be stated that the assessee company gave Rs. 2 lakh to its director with a bona fide belief that an urgency to ensure honoring of the cheque issued to the landlord constitutes a reasonable cause u/s 273B where no penalty shall be imposable on the assessee for any failure referred to in the said provisions inter alia Section 269T. - AT en-us Thu, 10 Jan 2013 13:43:31 +0530 Thu, 10 Jan 2013 13:43:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=6439 Penalty u/s 271E - it may be stated that the assessee company gave Rs. 2 lakh to its director with a bona fide belief that an urgency to ensure honoring of the cheque issued to the landlord constitutes a reasonable cause u/s 273B where no penalty shall be imposable on the assessee for any failure referred to in the said provisions inter alia Section 269T. - AT Highlights Income Tax Thu, 10 Jan 2013 13:43:31 +0530 https://www.taxtmi.com/highlights?id=6439