Self-assessment tax compliance under Section 140A: higher-threshold returns must be scrutinised and non-compliance invites show-cause and penalties. Returns of companies and non-company assessees above the revised income thresholds must be scrutinised to verify payment of self-assessment tax under Section 140A. Where tax on self-assessment has not been paid, show-cause notices under the provision should be issued and penalties levied where appropriate. Officers must communicate and implement these instructions, ensuring defaults are followed up administratively.
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 tax compliance under Section 140A: higher-threshold returns must be scrutinised and non-compliance invites show-cause and penalties.
Returns of companies and non-company assessees above the revised income thresholds must be scrutinised to verify payment of self-assessment tax under Section 140A. Where tax on self-assessment has not been paid, show-cause notices under the provision should be issued and penalties levied where appropriate. Officers must communicate and implement these instructions, ensuring defaults are followed up administratively.
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