ITAT Deletes Section 271E Penalty on Genuine Cash Repayment Between Spouses:

Tribunal holds bona fide family loan repayment constitutes reasonable cause, deleting penalty under Section 271E.
Cash repayment between spouses held protected by reasonable cause under tax law.

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ITAT Deletes Section 271E Penalty on Genuine Cash Repayment Between Spouses
Tribunal holds bona fide family loan repayment constitutes reasonable cause, deleting penalty under Section 271E.
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Meetu Kumari
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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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Jodhpur, Rajasthan, India
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