https://www.taxtmi.com/highlights?id=30003 Penalty u/s. 271D - cash receipt in violation of conditions of section 269SS - The transaction was between a father and son, to meet the urgent requirement of depositing the margin money in the bank account for buying a vehicle for personal use and thus, it was neither a loan nor deposit nor had anything to do with evasion of tax - HC en-us Wed, 29 Jun 2016 20:42:25 +0530 Wed, 29 Jun 2016 20:42:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30003 Penalty u/s. 271D - cash receipt in violation of conditions of section 269SS - The transaction was between a father and son, to meet the urgent requirement of depositing the margin money in the bank account for buying a vehicle for personal use and thus, it was neither a loan nor deposit nor had anything to do with evasion of tax - HC Highlights Income Tax Wed, 29 Jun 2016 20:42:25 +0530 https://www.taxtmi.com/highlights?id=30003