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, […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271FA : Penalty for failure to furnish 90[statement of financial transaction or reportable account].271FA. If a person who is required to furnish a statement of financial transaction or […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271F : Penalty for failure to furnish return of income271F. If a person who is required to furnish a return of his income, as […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271E : Penalty for failure to comply with the provisions of section 269T271E. (1) If a person repays any loan or deposit 83[or specified advance] referred to […]
March 7, 2018Published by Law@HostBooks at March 7, 2018Categories CHAPTER XXI - Penalties imposable Income-tax Act 1961Section – 271DA : Penalty for failure to comply with provisions of section 269ST271DA. (1) If a person receives any sum in contravention of the provisions of section […]
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 […]