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Sale of Site and Receipt of Cash of 10 Lacs

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....ale of Site and Receipt of Cash of 10 Lacs<br> Query (Issue) Started By: - Rajendra Prasad Dated:- 20-10-2019 Income Tax<br>Income Tax<br>Dear Sir, &#8377; 10 Lacs Cash is received on sale of site . ....

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.... Whether 269SS / 271D is applicable or not. Is the penalty is mandatory or the penalty can drop on reasonable cause. is ther any change in the act after 2015 Please clarify.<br> Discussion Forum - ....

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....Knowledge Sharing ....