Penalty u/s 271D for Cash Gift from Father Deleted Due to Lack of Evidence of Unaccounted Money Use.

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....Penalty u/s 271D - contravention to the provision of section 299SS - cash gift received from the father - there is no allegation that the assessee has introduced unaccounted money in his business - There is nothing on record which shows that money is paid back to the father by the assessee directly or indirectly - delete the penalty u/s 271D....