{"id":58972,"date":"2026-03-21T19:14:56","date_gmt":"2026-03-21T13:44:56","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=58972"},"modified":"2026-03-21T19:14:56","modified_gmt":"2026-03-21T13:44:56","slug":"simultaneous-levy-of-penalty-u-s-271aac-and-u-s-271d","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/simultaneous-levy-of-penalty-u-s-271aac-and-u-s-271d\/","title":{"rendered":"Simultaneous levy of penalty u\/s. 271AAC and u\/s. 271D"},"content":{"rendered":"<p>Mr. A has received notice from income tax department u\/s. 148 , citing reasons of search at some other party and finding of incriminating material regarding repayment of cash loan of Rs. 10.00 lacs and payment of interest of Rs. 5.10 lacs.<\/p>\n<p>AO has made addition u\/s. 69A in respect of alleged repayment of loan of Rs. 10.00 lacs and u\/s. 69C in respect of alleged payment of interest of Rs. 5.10 lacs.<\/p>\n<p>Now AO wants to levy penalty both u\/s. 271AAC and Rs. 271D .<\/p>\n<p>Your expert opinion is sought<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[1275],"qa_category":[23],"qa_tag":[355,1395,218,1317],"class_list":["post-58972","qa","type-qa","status-publish","hentry","qa_expert-law-intern","qa_category-income-tax","qa_tag-penalty-u-s-271d","qa_tag-penalty-u-s-271aac","qa_tag-unexplained-cash-credit","qa_tag-unexplained-expenditure"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/58972","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=58972"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=58972"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=58972"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=58972"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=58972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}