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Acceptance of Cash from HUF Not Penalized u/s 269SS of Income Tax Act.

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Full Text of the Document

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....Penalty u/s 271D - scope expression "any other person" appearing in s. 269SS - acceptance of cash from its own (HUF) by the assessee does not fall within the purview of provisions of s. 269SS - No penalty u/s 271D....

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