Tag Archives: Section 269SS income tax

No Penalty on Cash Received from Relatives : ITAT

By | March 5, 2022

No Penalty on Cash Received from Relatives: ITAT ITAT Bangalore DCIT/ACIT Vs Shri Sanjay Shenoy  ITA Nos. 1220 & 1222/Bang/2016 27/10/2021 These are appeals filed by the Revenue against the common order dated 23/3/2016 of CIT(A)-1, Bengaluru relating to asst. years 2006-07 and 2008-09, insofar as it relates to imposition of penalty u/s 271D of… Read More »