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 for failure to comply with section 203A imposes a fixed monetary sanction and requires an opportunity to be heard. The Assessing Officer may direct a person who fails to comply with section 203A, or who quotes a false tax deduction, collection or ... Summary
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Penalty for failure to comply with section 203A imposes a fixed monetary sanction and requires an opportunity to be heard.
The Assessing Officer may direct a person who fails to comply with section 203A, or who quotes a false tax deduction, collection or deduction-and-collection account number in prescribed documents knowing or believing it to be false, to pay a fixed monetary penalty of ten thousand rupees; no such order shall be passed unless the person is given an opportunity of being heard.
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