https://www.taxtmi.com/highlights?id=57553 Levy of penalty u/s 271D - cash loan received from mother in violation of provision of Section 269SS - bona fide reason - this advance or loan in cash is between blood relations i.e. mother and son - Following the decision of Madras High Court, penalty deleted - AT en-us Sat, 10 Apr 2021 09:02:39 +0530 Sat, 10 Apr 2021 09:02:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57553 Levy of penalty u/s 271D - cash loan received from mother in violation of provision of Section 269SS - bona fide reason - this advance or loan in cash is between blood relations i.e. mother and son - Following the decision of Madras High Court, penalty deleted - AT Highlights Income Tax Sat, 10 Apr 2021 09:02:39 +0530 https://www.taxtmi.com/highlights?id=57553