Section 271D Penalty: Assessee and Members Are Separate Entities; Transactions Fall u/s 269SS Rules.

Section 271D Penalty: Assessee and Members Are Separate Entities; Transactions Fall u/s 269SS Rules. https://www.taxtmi.com/highlights?id=20842 Levy of penalty u/s 271D – it is not legally correct to contend that the assessee and its members are one and the same person and the transactions with the members are outside the scope of s. 269SS - AT en-us Mon, 01 Dec 2014 08:19:23 +0530 Mon, 01 Dec 2014 08:19:23 +0530 TaxTMI RSS Generator Section 271D Penalty: Assessee and Members Are Separate Entities; Transactions Fall u/s 269SS Rules. https://www.taxtmi.com/highlights?id=20842 Levy of penalty u/s 271D – it is not legally correct to contend that the assessee and its members are one and the same person and the transactions with the members are outside the scope of s. 269SS - AT Highlights Income Tax Mon, 01 Dec 2014 08:19:23 +0530 https://www.taxtmi.com/highlights?id=20842