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Case Law Details

Case Name : Love Shoppers Ltd  Vs ACIT (ITAT Ahmedabad)
Appeal Number : ITA No. 282/Ahd/2021
Date of Judgement/Order : 19/05/2023
Related Assessment Year : 2016-17
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Love Shoppers Ltd  Vs ACIT (ITAT Ahmedabad)

ITAT Ahmedabad held that penalty under section 271D of the Income Tax Act leviable for contravention of provisions of section 269SS on failure to establish any reasonable cause for taking cash loans.

Facts- The

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