March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 272A : Penalty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections, etc.272A. (1) If any person,— (a) being legally bound to state the truth of any […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 272 : Failure to give notice of discontinuance272. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271-I : Penalty for failure to furnish information or furnishing inaccurate information under section 195271-I. If a person, who is required to furnish information under sub-section (6) of section […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271H : Penalty for failure to furnish statements, etc.271H. (1) Without prejudice to the provisions of the Act, the Assessing Officer may direct […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271GB : Penalty for failure to furnish report or for furnishing inaccurate report under section 286271GB. (1) If any reporting entity referred to in section 286, which is required to […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271GA : Penalty for failure to furnish information or document under section 285A271GA. If any Indian concern, which is required to furnish any information or document under […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271G : Penalty for failure to furnish information or document under section 92D271G. If any person who has entered into an international transaction or specified domestic transaction […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271FB : Penalty for failure to furnish return of fringe benefits271FB. If an employer, who is required to furnish a return of fringe benefits, as […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271FAB : Penalty for failure to furnish statement or information or document by an eligible investment fund271FAB. If any eligible investment fund which is required to furnish a statement or any […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271FAA : Penalty for furnishing inaccurate statement of financial transaction or reportable account271FAA. If a person referred to in clause (k) of sub-section (1) of section 285BA, […]