Tag: cash loan and 273B

Assessee can’t escape from Sec. 271D penalty by depositing cash loan in bank a/c on same day; SLP dismissed   Vasan Healthcare (P.) Ltd. v. ACIT - [2021] 125 taxmann.com 266 (SC)   Short Overview:   Director of assessee-company borrowed cash loans from a financier.   Assessing Officer (AO) ...