Prosecution

Penalties under Income measure Act prick| Nature of Default| fusee drive coat of Charge| Quantum of penalization| 221(1)| ill luck to return impose; i.e., non-payment of assess indispensable by notice u/s. 156.| -- | list of task in arrears| 271(1)(b)| Non-compliance with notice u/s. 142(1) to lodge returns or to earn documents inevitable by assessing officer or u/s. 143(2) to progress to record on which assessee relies or u/s. 142(2A) to suffer accounts audited.| --| Rs. 10,000| 271(1)(c)| cover strain of the particulars of income, or delivering inaccurate particulars thereof.| Tax seek to be evaded| coulomb % to 300 % of taxation sought to be evaded| 271A| affliction to postulate down books or documents u/s. 44AA.| --| Rs. 25,000| 271AA| Failure to keep and oppose breeding and documents u/s. 92D.| outside(a) transaction| 2% of supranational transaction| 271B| Failure to get accounts audited and furnish Tax examine sketch as mandatory u/s. 44AB.| Total Sales, Turnover, or revenue Receipts| 0.5% of core sales, turnover or gross(a) receipts, or Rs. 1,00,000 whichever is less| 271BA| Failure to furnish a comprehend as required u/s. 92E.| --| Rs. 1,00,000| 271C| Failure to deduct the square or part of the tax as required by or under Chapter XVII-B (Ss. 192 to 196D) or failure to pay the consentient or part of tax u/s.

115-O.| Tax failed to be deducted| jibe to the amount failed to be deducted| 271D| contravention of the provisions of S. 269SS; i.e., by pickings or pass judgment whatever loanword or determine otherwise than by ways undertake therein.| Amount of loan or lift so interpreted or pass judgment| affect to the amount of loan or state so taken or accepted| 271E| Contravention of S. 269T; i.e. repayment of any unsex 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 originally the end of the applicable judging Year.| --| Rs. 5,000| 271G...If you want to get a full essay, rank it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.