https://www.taxtmi.com/caselaws?id=185691 The Tribunal ruled in favor of the assessee, holding that the receipt and repayment of share application money did not violate Sec. 269SS and Sec. 269T. Consequently, the penalties imposed under u/s 271D and 271E were deemed unjustified, and all appeals filed by the assessee were allowed. en-us Tue, 19 Apr 2011 00:00:00 +0530 Tue, 23 Aug 2016 17:05:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185691 The Tribunal ruled in favor of the assessee, holding that the receipt and repayment of share application money did not violate Sec. 269SS and Sec. 269T. Consequently, the penalties imposed under u/s 271D and 271E were deemed unjustified, and all appeals filed by the assessee were allowed. Case-Laws Income Tax Tue, 19 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185691