https://www.taxtmi.com/highlights?id=13946 Penalty under section 271D - Violation of bar provided by Section 269SS - Receipt of cash in excess of Rs. 20,000/- - there was no reasonable cause inasmuch as the story set up by the assessee to arrange the money in hurry to save the honour of the family was not proved, the assessee would not get the benefit of Section 273B of the Act - HC en-us Sat, 17 Aug 2013 17:49:01 +0530 Sat, 17 Aug 2013 17:49:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=13946 Penalty under section 271D - Violation of bar provided by Section 269SS - Receipt of cash in excess of Rs. 20,000/- - there was no reasonable cause inasmuch as the story set up by the assessee to arrange the money in hurry to save the honour of the family was not proved, the assessee would not get the benefit of Section 273B of the Act - HC Highlights Income Tax Sat, 17 Aug 2013 17:49:01 +0530 https://www.taxtmi.com/highlights?id=13946