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271DA. Penalty for failure to comply with provisions of section 269ST. — (1) If a person receives any sum in contravention of the provisions of section 269ST, he shall be liable to pay, by way of penalty, a sum equal to the amount of such receipt:
Provided that no penalty shall be imposable if such person proves that there were good and sufficient reasons for the contravention. (2) Any penalty imposable under sub-section (1) shall be imposed by the Joint Commissioner. |
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Tax Consulting
We offer comprehensive Tax Consulting systems maintained by trained accounting professionals. This local service coul...
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Investors, bankers and acquirers rely on Due Diligence as a standard of care during Mergers and ...
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We offer comprehensive Taxation Services systems maintained by trained accounting professionals. This local service could be...