https://www.taxtmi.com/highlights?id=26060 Penalty u/s 271D and 271E - Return of loan by cash to the sister concern under a bonafide belief that the transaction with sister concerns is not in violation for similar reasons in the absence of any evidence to the contrary cannot be disbelieved. - AT en-us Tue, 24 Nov 2015 08:31:59 +0530 Tue, 24 Nov 2015 08:31:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=26060 Penalty u/s 271D and 271E - Return of loan by cash to the sister concern under a bonafide belief that the transaction with sister concerns is not in violation for similar reasons in the absence of any evidence to the contrary cannot be disbelieved. - AT Highlights Income Tax Tue, 24 Nov 2015 08:31:59 +0530 https://www.taxtmi.com/highlights?id=26060