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 )
Penalty equal to the amount taken or accepted for breach of cash receipt prohibition; imposition authority shifts to Assessing Officer. Acceptance of a loan, deposit or specified sum in contravention of section 269SS attracts a penalty equal to the amount so taken or accepted; the penalty ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Penalty equal to the amount taken or accepted for breach of cash receipt prohibition; imposition authority shifts to Assessing Officer.
Acceptance of a loan, deposit or specified sum in contravention of section 269SS attracts a penalty equal to the amount so taken or accepted; the penalty previously imposed by the Joint Commissioner is, from 1 April 2025, to be imposed by the Assessing Officer.
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