https://www.taxtmi.com/highlights?id=46710 Penalty u/s 271D - small amounts on different occasions to meet the urgent business needs has been taken from the company in which assessee is a director and shareholder - the reasonable cause given by the assessee for taking the said cash loan duly mandate that levy of penalty u/s 271D is not warranted en-us Thu, 23 May 2019 06:34:05 +0530 Thu, 23 May 2019 06:34:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46710 Penalty u/s 271D - small amounts on different occasions to meet the urgent business needs has been taken from the company in which assessee is a director and shareholder - the reasonable cause given by the assessee for taking the said cash loan duly mandate that levy of penalty u/s 271D is not warranted Highlights Income Tax Thu, 23 May 2019 06:34:05 +0530 https://www.taxtmi.com/highlights?id=46710