Sections 271E

  • Income Tax

No penalty u/s 271E if persons are properly identified & transactions genuine

No penalty u/s 271E where persons are properly identified and transactions are genuine as there can be no attempt to…

4 years ago
  • Income Tax

Penalty u/s 271E deleted in absence of proof /receipt acknowledging repayment of loan in cash by assessee

Penalty u/s 271E deleted in the absence of proof /receipt acknowledging the repayment of loan in cash by the assessee.…

5 years ago
  • Income Tax

Limitation for penalty proceedings under sections 271D and 271E of the Income tax Act, 1961-CBDT Circular 10/2016

  Circular No. 10/2016 F.No.279/Misc./M-140/2015-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ******…

8 years ago
  • Income Tax

Commencement of limitation for penalty proceedings under sections 271D and 271E. AO not to issue notice-CBDT Circular on Departmental View

Circular No.  09/DV/2016 (Departmental  View) F.No.279/Misc./M-116/2012-IT J Government of India Ministry of Finance Department  of Revenue Central Board of Direct…

8 years ago