Penalty for refusal to answer or furnish information under gift-tax law imposes monetary sanctions with hearing safeguards. Refusal to answer questions or to sign statements lawfully required in proceedings under the Gift-tax Act attracts a penalty of up to one thousand rupees; failure without reasonable cause to furnish required statements or information under section 37 attracts a daily penalty of up to ten rupees. Only an Appellate Assistant Commissioner, an Inspecting Assistant Commissioner or a Commissioner may make orders under this section, and proceedings before a Gift-tax Officer must be referred to the Inspecting Assistant Commissioner for orders; no penalty order may be made without giving the person 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 refusal to answer or furnish information under gift-tax law imposes monetary sanctions with hearing safeguards.
Refusal to answer questions or to sign statements lawfully required in proceedings under the Gift-tax Act attracts a penalty of up to one thousand rupees; failure without reasonable cause to furnish required statements or information under section 37 attracts a daily penalty of up to ten rupees. Only an Appellate Assistant Commissioner, an Inspecting Assistant Commissioner or a Commissioner may make orders under this section, and proceedings before a Gift-tax Officer must be referred to the Inspecting Assistant Commissioner for orders; no penalty order may be made without giving the person an opportunity of being heard.
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