{"id":35044,"date":"2023-07-08T20:06:19","date_gmt":"2023-07-08T14:36:19","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=35044"},"modified":"2023-07-21T05:59:05","modified_gmt":"2023-07-21T00:29:05","slug":"penalty-u-sec-271da","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/penalty-u-sec-271da\/","title":{"rendered":"Penalty U\/Sec. 271DA"},"content":{"rendered":"<p>Assessee is the co and during the course of assessment proceedings for A.Y. 20-21 on the basis of voucher seized during the course of search with other person , where in it is stated that the\u00a0 other person has made payment of Rs. 5 lakhs in cash and same has been added U\/Sec.69 of the Act\u00a0 and now the assessee has received show cause Notice U\/Sec. 271DA of the Act.<\/p>\n<p>whether Penalty U\/Sec. 271DA can be levied even if addition is made U\/SEc. 69 for the amount which is not recorded in the books of the assessee.<\/p>\n<p>whether assessee has denied the acceptance of any such amount , still penalty can be levied?<\/p>\n<p>How assesee should reply to show cause Notice U\/SEc.271DA<\/p>\n<p>pl guide<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[1006,149,1005],"class_list":["post-35044","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-1006","qa_tag-penalty","qa_tag-section-271da"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/35044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=35044"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35044"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=35044"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=35044"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=35044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}