TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 271DA: Penalties for Violating Income Tax Act's Section 269ST on Cash Transactions, Effective April 1, 2017.</h1> Clause 84 of the Finance Bill, 2017, introduces section 271DA to the Income-tax Act, establishing penalties for receiving sums in violation of section 269ST. If a person contravenes section 269ST, they must pay a penalty equal to the amount received. However, no penalty is imposed if the person can demonstrate valid reasons for the contravention. The Joint Commissioner is responsible for imposing such penalties. This amendment is effective from April 1, 2017.
TaxTMI 
TaxTMI 
