Penalty Imposed for Loan Between Spouses Overturned: Section 269SS Exemption for Husband-Wife Transactions Ignored by Officer. https://www.taxtmi.com/highlights?id=42978 Penalty made u/s 271D - loan transaction between husband and wife - while levying the penalty u/s. 271D AO did not appreciate the fact that the provisions of section 269SS are not applicable on the loan transaction between husband and wife. en-us Thu, 29 Nov 2018 07:56:57 +0530 Thu, 29 Nov 2018 07:56:57 +0530 TaxTMI RSS Generator Penalty Imposed for Loan Between Spouses Overturned: Section 269SS Exemption for Husband-Wife Transactions Ignored by Officer. https://www.taxtmi.com/highlights?id=42978 Penalty made u/s 271D - loan transaction between husband and wife - while levying the penalty u/s. 271D AO did not appreciate the fact that the provisions of section 269SS are not applicable on the loan transaction between husband and wife. Highlights Income Tax Thu, 29 Nov 2018 07:56:57 +0530 https://www.taxtmi.com/highlights?id=42978