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          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.

          <h1>Penalty for benefits to related persons: escalatory monetary sanction for exempt institutions misapplying income to related parties.</h1> A provision authorises the Assessing Officer to levy a penalty on tax-exempt funds, trusts, educational or medical institutions that apply income for the benefit of related persons: an amount equal to the aggregate income so applied for a first detected breach, and an escalated penalty equal to twice that aggregate amount where the contravention is found again in a later year.

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