https://www.taxtmi.com/highlights?id=54061 Penalty u/s. 271D - violation of section 269SS - father using the money of his son - the money has been given by the son to the father and that have been used by the father for tiding over urgent business requirement cannot be termed as loan/advance, so it cannot attract the penalty u/s. 271D. en-us Fri, 17 Jul 2020 10:29:20 +0530 Fri, 17 Jul 2020 10:29:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54061 Penalty u/s. 271D - violation of section 269SS - father using the money of his son - the money has been given by the son to the father and that have been used by the father for tiding over urgent business requirement cannot be termed as loan/advance, so it cannot attract the penalty u/s. 271D. Highlights Income Tax Fri, 17 Jul 2020 10:29:20 +0530 https://www.taxtmi.com/highlights?id=54061