https://www.taxtmi.com/acts?id=46892 Failure to comply with section 269SS is made a criminal offence by insertion of section 276DD, penalising any person who, without reasonable cause or excuse, takes or accepts any loan or deposit in contravention of section 269SS with imprisonment for a term which may extend to two years and a fine equal to the amount of the loan or deposit accepted. en-us Thu, 02 Jan 2025 11:56:43 +0530 Thu, 02 Jan 2025 11:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46892 Failure to comply with section 269SS is made a criminal offence by insertion of section 276DD, penalising any person who, without reasonable cause or excuse, takes or accepts any loan or deposit in contravention of section 269SS with imprisonment for a term which may extend to two years and a fine equal to the amount of the loan or deposit accepted. Act-Rules F. Acts / Amendment Acts Thu, 02 Jan 2025 11:56:43 +0530 https://www.taxtmi.com/acts?id=46892