https://www.taxtmi.com/highlights?id=6925 Sec. 269SS and 269T - there is bonafide belief to the effect that the receipt of advances against allotment of shares and repayment of share money would not be termed as loans or deposits - no penalty u/s 271D and 271E- AT en-us Fri, 22 Feb 2013 08:33:19 +0530 Fri, 22 Feb 2013 08:33:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=6925 Sec. 269SS and 269T - there is bonafide belief to the effect that the receipt of advances against allotment of shares and repayment of share money would not be termed as loans or deposits - no penalty u/s 271D and 271E- AT Highlights Income Tax Fri, 22 Feb 2013 08:33:19 +0530 https://www.taxtmi.com/highlights?id=6925