High Court Rules Penalty u/s 271D Inapplicable Due to Bona Fide Belief in Section 269SS Violation Case.

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....Penalty u/s 271D for violating provision of section 269SS - In view of the bona fide belief of the assessee that the amount could have been received by her from her husband in cash, the penalty proceeding u/s 271D could not have been initiated against the assessee - HC....