https://www.taxtmi.com/caselaws?id=197896 The Tribunal allowed the appeals of the assessee, ruling that the cash transactions constituted financial support and not loans, thereby not breaching section 269SS. The decision highlighted the differentiation between loans and financial support, referencing past cases where analogous transactions were found not to warrant penalties under the law. en-us Fri, 25 Nov 2011 00:00:00 +0530 Sat, 30 Jun 2018 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197896 The Tribunal allowed the appeals of the assessee, ruling that the cash transactions constituted financial support and not loans, thereby not breaching section 269SS. The decision highlighted the differentiation between loans and financial support, referencing past cases where analogous transactions were found not to warrant penalties under the law. Case-Laws Income Tax Fri, 25 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197896