Assessee Penalized for Violating Section 269SS by Accepting Loans of Rs. 20,000+; Penalty u/s 271D Upheld.

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....Penalty u/s 271D - accepting the loans/ deposits or aggregate of such loans or deposits of Rs. 20,000 or more - As such the assessee committed violation of provisions of section 269SS of the Act. - penalty u/s. 271D rightly imposed - AT....