Loan from Family Not Penalized: Assessee Deposits Under Rs. 20,000 into Bank; No Penalty u/s 271D.

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....The assessee had taken the loan less than ₹ 20,000/- from his close relatives and family members Further the assessee immediately deposited the amount in bank account for making payment to the party. The genuineness of these deposits was never doubted by the AO - No penalty u/s 271D - AT....