https://www.taxtmi.com/highlights?id=46196 Penalty u/s 271D - contravention to the provision of section 299SS - cash gift received from the father - there is no allegation that the assessee has introduced unaccounted money in his business - There is nothing on record which shows that money is paid back to the father by the assessee directly or indirectly - delete the penalty u/s 271D en-us Wed, 01 May 2019 06:32:15 +0530 Wed, 01 May 2019 06:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46196 Penalty u/s 271D - contravention to the provision of section 299SS - cash gift received from the father - there is no allegation that the assessee has introduced unaccounted money in his business - There is nothing on record which shows that money is paid back to the father by the assessee directly or indirectly - delete the penalty u/s 271D Highlights Income Tax Wed, 01 May 2019 06:32:15 +0530 https://www.taxtmi.com/highlights?id=46196