https://www.taxtmi.com/highlights?id=56941 Penalty u/s 271G - assessee failed to furnish documents as required under the Rule 10D(1) in respect of the international transactions - considering the reasonable cause for non-furnishing of the segmental details of the AE transactions and non-AE transactions because of the peculiar nature of the trade in diamond industry, penalty u/s. 271G even otherwise could not have been imposed as per the mandate of Sec. 273B. - AT en-us Sat, 27 Feb 2021 17:12:55 +0530 Sat, 27 Feb 2021 17:12:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56941 Penalty u/s 271G - assessee failed to furnish documents as required under the Rule 10D(1) in respect of the international transactions - considering the reasonable cause for non-furnishing of the segmental details of the AE transactions and non-AE transactions because of the peculiar nature of the trade in diamond industry, penalty u/s. 271G even otherwise could not have been imposed as per the mandate of Sec. 273B. - AT Highlights Income Tax Sat, 27 Feb 2021 17:12:55 +0530 https://www.taxtmi.com/highlights?id=56941