Penalty under Section 272BB for failure to obtain or quote TAN, or for quoting a false TAN. Penalty under Section 272BB applies where a person responsible for deduction or collection of tax at source fails to apply for a Tax Deduction and Collection Account Number (TAN), fails to quote the TAN where required on documents, or quotes a TAN that is false which the person knows or believes to be false or does not believe to be true.
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 under Section 272BB for failure to obtain or quote TAN, or for quoting a false TAN.
Penalty under Section 272BB applies where a person responsible for deduction or collection of tax at source fails to apply for a Tax Deduction and Collection Account Number (TAN), fails to quote the TAN where required on documents, or quotes a TAN that is false which the person knows or believes to be false or does not believe to be true.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.