https://www.taxtmi.com/caselaws?id=346557 The High Court dismissed both Tax Case Appeals challenging penalties under Sections 271E and 271D of the Income Tax Act for violations of Sections 269SS and 269T related to cash transactions. The court emphasized the necessity of substantial questions of law for appeals under Section 260A of the IT Act. It reiterated compliance with legal provisions on cash transactions and penalties, highlighting the significance of substantial legal issues for appeal consideration. en-us Wed, 02 Aug 2017 00:00:00 +0530 Fri, 18 Aug 2017 08:41:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346557 The High Court dismissed both Tax Case Appeals challenging penalties under Sections 271E and 271D of the Income Tax Act for violations of Sections 269SS and 269T related to cash transactions. The court emphasized the necessity of substantial questions of law for appeals under Section 260A of the IT Act. It reiterated compliance with legal provisions on cash transactions and penalties, highlighting the significance of substantial legal issues for appeal consideration. Case-Laws Income Tax Wed, 02 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346557