Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Failure to furnish prescribed information triggers specified penalties, including transaction-based penalty for transfer of management or a fixed penalty otherwise. A penalty applies when an Indian concern fails to furnish information or documents required under the reporting obligation; the tax authority may direct ... Summary
Failure to furnish prescribed information triggers specified penalties, including transaction-based penalty for transfer of management or a fixed penalty otherwise.
A penalty applies when an Indian concern fails to furnish information or documents required under the reporting obligation; the tax authority may direct payment of a penalty, imposing a transaction-value based penalty where the transaction transfers management or control, and a fixed monetary penalty in other cases.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
