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>Willful Delay in Income Tax Return Filing After Search Notice Leads to 3 Months to 3 Years Imprisonment Under Income-tax Act</h1> A person who willfully fails to submit the required income tax return within the stipulated time following a notice under the specified provision related to search cases is liable to imprisonment for a minimum of three months up to three years, along with a fine. This penalty applies under the Income-tax Act, except for failures related to searches or requisitions conducted between June 30, 1995, and January 1, 1997, where no punishment is prescribed. The provision aims to enforce timely compliance with income tax return filing in the context of search operations conducted by tax authorities.
TaxTMI 
TaxTMI 
