https://www.taxtmi.com/highlights?id=23720 Penalty levied u/s. 271D and 271E - The assessee has filed affidavits of the lenders who are agriculturist to substantiate that they have advanced cash loan for the purpose of repayment of arrears of loan to Geeta Sanstha - The circumstances under which cash loan was accepted and repaid have been explained - No penalty - AT en-us Fri, 10 Jul 2015 10:15:18 +0530 Fri, 10 Jul 2015 10:15:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=23720 Penalty levied u/s. 271D and 271E - The assessee has filed affidavits of the lenders who are agriculturist to substantiate that they have advanced cash loan for the purpose of repayment of arrears of loan to Geeta Sanstha - The circumstances under which cash loan was accepted and repaid have been explained - No penalty - AT Highlights Income Tax Fri, 10 Jul 2015 10:15:18 +0530 https://www.taxtmi.com/highlights?id=23720