Penalty u/s 271D for cash loan violation deleted due to reasonable cause; loan from brother-in-law not commercial.

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....Penalty u/s 271D - contravention of Section 269SS - cash loan taken by the assessee - There existed reasonable cause for the assessee for accepting cash loans from his own brother-in-law and since there is nothing to suggest that the transaction is a commercial transaction and is not genuine, penalty liable to be deleted - AT....