https://www.taxtmi.com/caselaws?id=373294 The Tribunal dismissed the revenue's appeals, upholding the CIT(A)'s deletion of penalties under Sections 271D and 271E for the assessment year 2010-2011. It concluded that the evidence was insufficient to prove violations of Sections 269SS and 269T, determining that the transactions were business advances outside the purview of these sections. en-us Mon, 01 Oct 2018 00:00:00 +0530 Thu, 10 Jan 2019 10:24:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373294 The Tribunal dismissed the revenue's appeals, upholding the CIT(A)'s deletion of penalties under Sections 271D and 271E for the assessment year 2010-2011. It concluded that the evidence was insufficient to prove violations of Sections 269SS and 269T, determining that the transactions were business advances outside the purview of these sections. Case-Laws Income Tax Mon, 01 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373294