Father's Use of Son's Money for Business Needs Not Penalized u/s 271D, Not a Loan or Advance.
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....Penalty u/s. 271D - violation of section 269SS - father using the money of his son - the money has been given by the son to the father and that have been used by the father for tiding over urgent business requirement cannot be termed as loan/advance, so it cannot attract the penalty u/s. 271D.....


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