https://www.taxtmi.com/highlights?id=64501 Penalty imposed u/s 271D & 271E - default u/s 269SS & 269T - CIT(A) deleted the penalty holding that general entries leading to assignment of debt does not attract penalty under section 271D and 271 - following the decision of High court, levy of penalty confirmed - The finding of the Ld. CIT(A) set aside - AT en-us Fri, 08 Jul 2022 12:42:43 +0530 Fri, 08 Jul 2022 12:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64501 Penalty imposed u/s 271D & 271E - default u/s 269SS & 269T - CIT(A) deleted the penalty holding that general entries leading to assignment of debt does not attract penalty under section 271D and 271 - following the decision of High court, levy of penalty confirmed - The finding of the Ld. CIT(A) set aside - AT Highlights Income Tax Fri, 08 Jul 2022 12:42:43 +0530 https://www.taxtmi.com/highlights?id=64501