Income Tax | Unexplained Cash Deposit Finding Alone Cannot Sustain Section 271D Penalty: ITAT Mumbai

ITAT Mumbai upheld deletion of Rs.72.89 lakh Section 271D penalty as cash deposits alone did not establish violation of Section 269SS. The post Unexplained Cash Deposit Finding Alone Cannot Sustain Section 271D Penalty: ITAT Mumbai appeared first on TaxGuru .