Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure 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-B - REQUIREMENT 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 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.
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 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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