Income Tax - Case Law - The Income Tax Officer Versus Shri K. V. George 2013 (8) TMI 404 - ITAT COCHIN

Penalty u/s 271D - violation of section 269SS - Reasonable Cause u/s 273B - receipt of loan by cash exceeding Rs. 20,000/- Held that - no penalty shall be imposable on the assessee for receiving or accepting loan or depo.......... Income Tax - Case Law