https://www.taxtmi.com/highlights?id=44576 Penalty u/s 271D and 271E - If loan in cash is taken once or twice, in exceptional exigencies, may be a ground for interference, but when the fact remains that a lender not even licensed was illegally giving loans only in cash and accepting repayment in cash cannot be a ground for condonation of regular transaction with such unauthorised lender. en-us Mon, 18 Feb 2019 17:02:30 +0530 Mon, 18 Feb 2019 17:02:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44576 Penalty u/s 271D and 271E - If loan in cash is taken once or twice, in exceptional exigencies, may be a ground for interference, but when the fact remains that a lender not even licensed was illegally giving loans only in cash and accepting repayment in cash cannot be a ground for condonation of regular transaction with such unauthorised lender. Highlights Income Tax Mon, 18 Feb 2019 17:02:30 +0530 https://www.taxtmi.com/highlights?id=44576