Self-assessment penalty requires checks of selected returns and show-cause notices for unpaid or underpaid tax. Self-assessment penalty under u/s 140A(3) is to be enforced by checking specified non-company returns and returns earmarked for scrutiny to verify payment of self-assessment tax; where non-payment or under-payment is found, show-cause notices for penalty must be issued, and the ITO must certify that all such cases have been scrutinised and appropriate action taken as a standing instruction.
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.
Self-assessment penalty requires checks of selected returns and show-cause notices for unpaid or underpaid tax.
Self-assessment penalty under u/s 140A(3) is to be enforced by checking specified non-company returns and returns earmarked for scrutiny to verify payment of self-assessment tax; where non-payment or under-payment is found, show-cause notices for penalty must be issued, and the ITO must certify that all such cases have been scrutinised and appropriate action taken as a standing instruction.
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