https://www.taxtmi.com/caselaws?id=6077 Sections 269SS and 271D restrict acceptance of specified loans or deposits to prevent unaccounted cash from being explained through false entries. Their focus on the borrower does not violate Article 14 because the classification is linked to the risk of taxpayers giving false explanations for unaccounted money. Parliament may enact ancillary measures supporting income-tax collection and tax-evasion prevention, even where loans or deposits are not themselves income. Replacement of criminal punishment under former Section 276DD with monetary penalty under Section 271D, together with reasonable-cause relief under Section 273B, mitigates hardship and supports the provisions' validity. en-us Fri, 03 May 2002 00:00:00 +0530 Tue, 30 Sep 2025 19:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6077 Sections 269SS and 271D restrict acceptance of specified loans or deposits to prevent unaccounted cash from being explained through false entries. Their focus on the borrower does not violate Article 14 because the classification is linked to the risk of taxpayers giving false explanations for unaccounted money. Parliament may enact ancillary measures supporting income-tax collection and tax-evasion prevention, even where loans or deposits are not themselves income. Replacement of criminal punishment under former Section 276DD with monetary penalty under Section 271D, together with reasonable-cause relief under Section 273B, mitigates hardship and supports the provisions' validity. Case-Laws Income Tax Fri, 03 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6077