https://www.taxtmi.com/caselaws?id=277984 The Appellate Tribunal ITAT Pune dismissed the Revenue's appeals against the deletion of penalties under Sections 271D and 271E of the Income Tax Act, 1961. The Revenue could not prove the loan transactions, resulting in the penalties being deleted by the CIT(A) and upheld by the Tribunal. The appeals were dismissed on 20th June 2013. en-us Thu, 20 Jun 2013 00:00:00 +0530 Thu, 03 Jan 2019 12:42:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277984 The Appellate Tribunal ITAT Pune dismissed the Revenue's appeals against the deletion of penalties under Sections 271D and 271E of the Income Tax Act, 1961. The Revenue could not prove the loan transactions, resulting in the penalties being deleted by the CIT(A) and upheld by the Tribunal. The appeals were dismissed on 20th June 2013. Case-Laws Income Tax Thu, 20 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277984