Penalty for failure to furnish withholding-tax information: Assessing Officer may direct payment of a monetary penalty for non-filing or inaccuracies. Where a person required to furnish information under the withholding-tax information provision fails to furnish the information or furnishes inaccurate information, the Assessing Officer may direct that the person pay a prescribed monetary penalty; the amendment is introduced by the Finance Bill and takes effect from the stated effective date.
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.
Provisions expressly mentioned in the judgment/order text.
Penalty for failure to furnish withholding-tax information: Assessing Officer may direct payment of a monetary penalty for non-filing or inaccuracies.
Where a person required to furnish information under the withholding-tax information provision fails to furnish the information or furnishes inaccurate information, the Assessing Officer may direct that the person pay a prescribed monetary penalty; the amendment is introduced by the Finance Bill and takes effect from the stated effective date.
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