Results for "who can impose penalty for misreporting income"

...is Liable for Penalty u/s 2...rt liable for penalty under Se...0A of the Income Tax Act, 1...tion 270A imposes a penalty for underreporting or misreporting of income. The penalty can range fro...aim, then penalty under Section...ty may be imposed.Read MoreThe B...available for determining...amp; 270A can be simultane...

Who is Appropriate Authori...Levy the Penalty u/s 270A?...0A of the Income Tax Act, 1961 imposes a penalty for inaccurat...orting of income. A cru...vy such a penalty. &nbs...onditions for imposing a penalty under Se...nature of income, and the...pensation for Land Acquisi...sioner of Income Tax also...