March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271D : Penalty for failure to comply with the provisions of section 269SS271D. (1) If a person takes or accepts any loan or deposit or specified sum […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271CA : Penalty for failure to collect tax at source271CA. (1) If any person fails to collect the whole or any part of the […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271C : Penalty for failure to deduct tax at source271C. (1) If any person fails to— (a) deduct the whole or any part of […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271BB : Failure to subscribe to the eligible issue of capital271BB. Whoever fails to subscribe any amount of subscription to the units issued under any […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271BA : Penalty for failure to furnish report under section 92E271BA. If any person fails to furnish a report from an accountant as required by […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271B : Failure to get accounts audited271B. If any person fails to get his accounts audited in respect of any previous […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271AAB : Penalty where search has been initiated271AAB. (1) The Assessing Officer may, notwithstanding anything contained in any other provisions of this […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271AAA : Penalty where search has been initiated271AAA. (1) The Assessing Officer may, notwithstanding anything contained in any other provisions of this […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271AA : Penalty for failure to keep and maintain information and document, etc., in respect of certain transactions271AA. 71-74[(1)] Without prejudice to the provisions of 71-74[section 270A or] section 271 or section […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271A : Failure to keep, maintain or retain books of account, documents, etc.271A. Without prejudice to the provisions of 71-74[section 270A or] section 271, if any person […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271 : Failure to furnish returns, comply with notices, concealment of income, etc.271. (1) If the Assessing Officer or the Commissioner (Appeals) or the Principal Commissioner or […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 270AA : Immunity from imposition of penalty, etc.270AA. (1) An assessee may make an application to the Assessing Officer to grant immunity […]