...iable for penalty under Section 270A of the Income Tax Act, 1961?Sectio...imposes a penalty for underreporting or mi...orting of income. The penalty can range from 50...0% of the tax payable on th...aim, then penalty under Section 270A may not be...hority to levy the penalty u/s 270A?Income Tax Department:Con...
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- Who is Appropriate Authority to Levy the Penalty u/s 270A?Section 270A of the Income Tax Act, 1961...owered to levy such a penalty.  ...sible for levying penalties under Section 270A. This off...mposing a penalty under Section 270A are met. &...hority to levy penalties under Section 270A. Ju...