No penalty u/s 271E where persons are properly identified and transactions are genuine as there can be no attempt to…
Penalty u/s 271E for repayment of loan in cash was deleted as the NBFC had insisted on cash payment due…
Cash deposited in bank by friend for making DD for participating in tender was not loan or deposits u/s 269SS…
Penalty 271E-Cash repayment of FDR by Bank for violation u/s 269T deleted The penal provisions are to curb black money…