AO Incorrectly Imposed Penalty Under Wrong Section; No Violation Found, No Penalty u/s 269SS.

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....AO initiated the penalty u/s 271E for violation of sec. 269TT, but levied penalty u/s 271D for violation of the provisions of sec. 269SS. From this conduct of the AO, it was clear that the Assessing Officer did not applied his mind before levying penalty - assessee has not accepted the loan or deposit in contravention of the provisions of sec. 269SS - No penalty - AT....