https://www.taxtmi.com/manuals?id=3596 Penalty under section 271A prescribes a fixed monetary sanction under the Income Tax Act; the operative penalty amount identified in official FAQs for the contraventions covered by this provision is Rs. 25,000, presented as the statutory consequence for the specified defaults within the income tax penalty framework. en-us Thu, 14 Dec 2023 14:18:00 +0530 Thu, 14 Dec 2023 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3596 Penalty under section 271A prescribes a fixed monetary sanction under the Income Tax Act; the operative penalty amount identified in official FAQs for the contraventions covered by this provision is Rs. 25,000, presented as the statutory consequence for the specified defaults within the income tax penalty framework. Manuals Income Tax Thu, 14 Dec 2023 14:18:00 +0530 https://www.taxtmi.com/manuals?id=3596