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![Share Application Money received in cash by Company does not attract Provisions of S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order] Share Application Money received in cash by Company does not attract Provisions of S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Share-Application-Money-cash-Provisions-of-S.-269SS-Income-Tax-Act-ITAT-Penalty-taxscan.jpg)
Share Application Money received in cash by Company does not attract Provisions of S. 269SS of Income Tax Act: ITAT deletes Penalty [Read Order]
The Delhi Income Tax Appellate Tribunal (ITAT) recently, while deleting the penalty imposed by the assessing officer, held that share application...