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Income Tax | ₹6.65 Crore Section 271D Penalty Quashed for Lack of AO Satisfaction: Andhra Pradesh HC

16 Oct 2026 · 1d agoBy CA Sandeep KanoiSource: TaxGuru

Andhra Pradesh HC quashes ₹6.65 crore penalty under Section 271D as AO failed to record satisfaction regarding alleged cash loans. The post ₹6.65 Crore Section 271D Penalty Quashed for Lack of AO Satisfaction: Andhra Pradesh HC appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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