Web1 day ago · Step1. The Income Tax Act 1961 provides 2 basic conditions under section 6 (1) which are as follows. the person should reside in India for at least 182 days in the … Web11 Apr 2024 · The Supreme Court has ruled that no penalty is leviable under Section 271C of the Income Tax Act, 1961 on mere delay in remittance of the tax deducted at source (TDS) after the same has...
Mere Delay In Remittance Of TDS Doesn’t Attract Penalty Under S …
WebSection 271 of Income Tax Act 1961 - Failure to furnish returns, comply with notices, concealment of income, etc. 1(1) If the 2 Assessing Officer or the 3 *** 4 Commissioner … Web14 hours ago · 5. The Ld. CIT(A) has erred in cancelling the penalty relying upon CBDT Circular No. 25/2015 dated 31/12/2015, as this provisions of Explanation 4 to Section 271(1)(c) of the Income Tax Act, 1961 have been amended w.e.f. 01/04/2016. a) The Ld. Commissioner of Income Tax (Appeals) is erroneous and not tenable in law and on facts. car buffers harbor freight
Section 271E of Income Tax Act for AY 2024-24 – AUBSP
WebSection - 1 Short title, extent and commencement Section - 2 Definitions Section - 3 "Previous year" defined Section - 4 Charge of income-tax Section - 5 Scope of total … Web12 hours ago · The assesse has paid by any mode of payment (1) Including cash, in respect of any sum paid on account of preventive health checkup; (2) Other than cash, in all other cases other than preventive health c checkup, in the previous year out of his income chargeable to tax. In the case of an individual: Web8 Oct 2011 · Income Tax Act, 1961. Section 271. FAILURE TO FURNISH RETURNS, COMPLY WITH NOTICES, CONCEALMENT OF INCOME, ETC. (1) If the Assessing Officer or the … brodell medical warren