Home / 
Penalty u/s 271D Overturned Due to Lack of Assessing Officer's Satisfaction on Section 269SS Violation.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Penalty u/s 271D - violation of provisions of section 269SS - AO has not at all recorded his satisfaction that the assessee has contravened the provisions of section 269SS warranting levy of penalty u/s 271D - penalty not sustainable....
TaxTMI
TaxTMI