https://www.taxtmi.com/highlights?id=50934 Penalty u/s 271D - obtaining cash loan in contravention of section 269SS - the cash has been deposited directly in the Bank account of assessee, for which assessee has no control - considering the issue in the light of "reasonable cause" u/s 273B, penalty waived. en-us Sun, 29 Dec 2019 09:10:08 +0530 Sun, 29 Dec 2019 09:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50934 Penalty u/s 271D - obtaining cash loan in contravention of section 269SS - the cash has been deposited directly in the Bank account of assessee, for which assessee has no control - considering the issue in the light of "reasonable cause" u/s 273B, penalty waived. Highlights Income Tax Sun, 29 Dec 2019 09:10:08 +0530 https://www.taxtmi.com/highlights?id=50934