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![Cash Loans above the limits prescribed in Income Tax Act has Legal Sanctity: Delhi HC allows Money Recovery Suit [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/05/Cash-Payments.jpg "Cash Loans above the limits prescribed in Income Tax Act has Legal Sanctity: Delhi HC allows Money Recovery Suit [Read Judgment]")
Cash Loans above the limits prescribed in Income Tax Act has Legal Sanctity: Delhi HC allows Money Recovery Suit [Read Judgment]
The Delhi High Court, in a recent ruling, dismissed an order of the Trial Court wherein a money recovery suit was dismissed on the ground that loan...
![ITAT deletes penalty since Cash Transactions with Sister-in-Law and Nephew not amount to ‘Loan’ for the purpose of s. 269SS [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Cash-Transactions.jpg "ITAT deletes penalty since Cash Transactions with Sister-in-Law and Nephew not amount to ‘Loan’ for the purpose of s. 269SS [Read Order]")
![Cash Transaction between Close Family Members for giving a support and help not amount to ‘Loan’ u/s 269SS: ITAT Deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Cash-Transaction-Taxscan.jpg "Cash Transaction between Close Family Members for giving a support and help not amount to ‘Loan’ u/s 269SS: ITAT Deletes Penalty [Read Order]")
![ITAT confirms Addition since there is No Direct Nexus b/w Amount Seized from Assessee and the Withdrawal from Bank Account of Assessee’s relative [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Cash-Transaction-Limit.jpg "ITAT confirms Addition since there is No Direct Nexus b/w Amount Seized from Assessee and the Withdrawal from Bank Account of Assessee’s relative [Read Order]")
