ITAT Judgement - Ignorance of the Provisions of Section 269 will initiate penalty proceedings u/s 271E

Affluence Advisory , Last updated: 15 March 2024  
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ITAT: Upheld penalty, states that poor history of clearance of cheque is not valid reason to make repayment in cash and against the mode prescribed under Section 269T of the Income-tax Act, 1961. Background The taxpayer had filed its return of income for financial year 2012-13 declaring an

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