made taxable on account
of violation of provisions of section 269SS and 269T of the Act. The assessee in
response to the same gave
made taxable on account
of violation of provisions of section 269SS and 269T of the Act. The assessee in
response to the same gave
assessee to
explain as to why the provisions of section 269SS and 269T of the Act should not
be initiated. In absence of any reply ... section 271D
and 271E for violating the provision of section 269SS and 269T of the IT
Act.
5. On the facts and in the circumstances
treating it as a loan for the purposes of
Sections 269SS / 269T (penalty u/s 271D / 271E ) facts and
circumstances of the case