Section 272A in The Income Tax Act, 1961
272A. [ Penalty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections
Section 88 in Finance Act, 1999
88. Amendment of section 272A.
- In section 272A of the Income-tax Act, in sub-section
This appeal by the assessee is directed against and order s. 272A(2)(f) r/w s. 274 of IT Act, 1961, dt. 19th April ... Delhi, issued a show cause notice dt. 9th November, 1995, under s. 272A (2) (f) / 274 r/w s. 197A
penalty u/s
No.218/Mum/2023 for AY 2017-18
272A(1)(d) of the Act. The relevant ground is reproduced as under ... Show
cause notice u/s 274 r.w.s. 272A(1)(d) dated 17/12/2019
was issued and served on the the assessee. Fresh
appeal filed against the order of CIT(A), Rohtak, under s. 272A(2)(f) of the Act, it is contended that a penalty ... while levying the default ignored the proviso to s. 272A(1) which states that amount of penalty for failure in relation to a declaration mentioned
imposed by the Deputy Commissioner (Asst.), S.R.4, Ahmedabad, under section 272A(2)(g) of the Income Tax Act, 1961 (hereinafter referred ... month and fourteen days' time and consequently proceedings under section 272A(2)(g) of Act were initiated against the assessee. In this case
challenged the levy penalty of Rs. 1,02,400/- u/s 272A(2)(K) of the Act.
2. The ld. AO imposed penalty ... 272A(2)(K) of the Act holding that the
assessee company has delayed in filing quarterly e-TDS return within the
stipulated time frame
feel satisfied with the explanation offered and levied penalty under s. 272A(2)(c) of Rs. 3,450 for delay of 345 days ... 30th April, 1989 the appellant had committed defaults punishable under s. 272A(2)(c) of the Act. The penalty contemplated in that provision
These proceedings concern the penalty levied on the appellant under Section 272A(2)(e) of the Act for the delay in filing income tax returns ... Joint Director of Income Tax (Exemption) for initiating penalty proceeding under Section 272A(2)(e) of the Act.
6. It is the case
Appellate Tribunal is legally justified in cancelling the penalty imposed under Section 272A(2)(c) ?
2. Whether the Income-tax Appellate Tribunal was right ... collectible' used in the amended provisions of Section 272A(2)(c) with effect from October 1, 1991, mean the amount of tax which remains