https://www.taxtmi.com/caselaws?id=299730 The Tribunal dismissed the revenue's appeal, upholding the deletion of the penalty under section 271D by the Commissioner (Appeals) based on the reasonable cause shown by the assessee and the interpretation of legal provisions and judicial decisions on loan transactions through journal entries. en-us Tue, 26 Jun 2018 00:00:00 +0530 Tue, 28 Dec 2021 08:50:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299730 The Tribunal dismissed the revenue's appeal, upholding the deletion of the penalty under section 271D by the Commissioner (Appeals) based on the reasonable cause shown by the assessee and the interpretation of legal provisions and judicial decisions on loan transactions through journal entries. Case-Laws Income Tax Tue, 26 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299730