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Remanding back the matter to the file of the Assessing Officer for verifying the genuineness of the contentions of the assessee in context of Section 269SS and thereafter decide whether penalty under Section 271D is leviable or not in the presentcase.

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Sec. 27ID of Income Tax Act, 1961— Penalty —RAGHURAJ SINGH vs. Jt. CIT.[2020] 25 ITCD Online 009 (ITAT-DELHI)

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