the assessee during the year 2014-15 has advances loans in the mode of cash over and above Rs.20,000/-. I think it is violation of sec.269ss. penalty is to be levied and at the same time addition is also permitted by Act or not.
the assessee during the year 2014-15 has advances loans in the mode of cash over and above Rs.20,000/-. I think it is violation of sec.269ss. penalty is to be levied and at the same time addition is also permitted by Act or not.