https://www.taxtmi.com/highlights?id=23930 Penalty u/s 271D and u/s 271E - accepting and repayment of loan in cash in excess of ₹ 20,000/- section 269SS and section 269T - The appellant has not explained as to the urgency, compulsion or any other important circumstance for the breach and that too repeatedly - levy of penalty confirmed - HC en-us Sat, 25 Jul 2015 11:59:55 +0530 Sat, 25 Jul 2015 11:59:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=23930 Penalty u/s 271D and u/s 271E - accepting and repayment of loan in cash in excess of ₹ 20,000/- section 269SS and section 269T - The appellant has not explained as to the urgency, compulsion or any other important circumstance for the breach and that too repeatedly - levy of penalty confirmed - HC Highlights Income Tax Sat, 25 Jul 2015 11:59:55 +0530 https://www.taxtmi.com/highlights?id=23930