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 276CCC: Penalties for Willful Failure to Furnish Income Return under Section 158BC, Excluding Specific Search Periods.</h1> Section 276CCC of the Income-tax Act, introduced by the Income-tax (Amendment) Act, 1997, penalizes individuals who willfully fail to furnish their income return in response to a notice under section 158BC. The penalty includes imprisonment ranging from three months to three years and a fine. However, this punishment does not apply to failures related to searches initiated under section 132 or requisitions under section 132A conducted between June 30, 1995, and January 1, 1997.
TaxTMI 
TaxTMI 
