Scrutiny process is going on u/s 143(2) on one of my client for the financial year 2012-13. He involving the business of computer and devices. He made cash sale of Rs. 25000/- to single person and accepted 25000/- in cash for Sale. Now A.O. want to invoke penalty u/s 269ss bcz he accepted more than Rs. 20000/- in cash.
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