Penalty for Cash Loan Violations u/s 271D Not Automatic if Reasonable Explanation Given, Per Section 273B.

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....Penalty u/s 271D - Accepting cash loans - contravention of the provisions of section 269SS ad 269T - Penalty u/s 271D is subject to the provisions of section 273B and not automatic - when the assessee provides a reasonable explanation, the penalty is not leviable....