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<h1>Penalty up to ₹1000 under Section 133B Income Tax Act requires opportunity to be heard before imposition</h1> Failure to comply with the provisions of section 133B of the Income Tax Act, 1961, results in a penalty of up to one thousand rupees, imposed by an order of the Joint Commissioner, Assistant Director, Deputy Director, or Assessing Officer. Such a penalty cannot be imposed without providing the person concerned an opportunity to be heard. The provision ensures procedural fairness before penalty imposition for non-compliance under section 133B.