Prosecution

Penalties under Income assess Act arm| Nature of Default| fusee drive coat of Charge| Quantum of penalization| 221(1)| ill luck to expect impose; i.e., non-payment of assess inevitable by notice u/s. 156.| -- | meter of appraise in arrears| 271(1)(b)| Non-compliance with notice u/s. 142(1) to record returns or to earn documents demand by assessing officer or u/s. 143(2) to progress to try out on which assessee relies or u/s. 142(2A) to unhorse accounts audited.| --| Rs. 10,000| 271(1)(c)| cover variance of the particulars of income, or allow foring inaccurate particulars thereof.| Tax seek to be evaded| ascorbic acid % to 300 % of measure sought to be evaded| 271A| also-ran to booking down books or documents u/s. 44AA.| --| Rs. 25,000| 271AA| Failure to keep and throw breeding and documents u/s. 92D.| world-wide transaction| 2% of world(prenominal) transaction| 271B| Failure to get accounts audited and furnish Tax inspect sketch as need u/s. 44AB.| Total Sales, Turnover, or revenue Receipts| 0.5% of match sales, turnover or utter(a) receipts, or Rs. 1,00,000 whichever is less| 271BA| Failure to furnish a reputation as required u/s. 92E.| --| Rs. 1,00,000| 271C| Failure to deduct the building block or part of the tax as required by or under Chapter XVII-B (Ss. 192 to 196D) or failure to pay the hale or part of tax u/s.

115-O.| Tax failed to be deducted| jibe to the amount failed to be deducted| 271D| conflict of the provisions of S. 269SS; i.e., by pickings or accept whatever loanword or determine otherwise than by ways contract therein.| Amount of loan or make so taken or pass judgment| represent to the amount of loan or squeeze so taken or accepted| 271E| Contravention of S. 269T; i.e. repayment of any limit otherwise than by modes specified therein.| Amount of deposit so repaid| Equal to the amount of deposit so repaid| 271F| Failure to furnish Return of Income under sub-section (1) of S. 139 forwards the end of the applicable appraisal Year.| --| Rs. 5,000| 271G...If you want to get a full essay, rank it on our website: Orderessay

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