Section 271DACentral Act

Section 271DA: Penalty for failure to comply with provisions of section 269ST

The Income-tax Act, 1961

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.

Sec 271D — Penalty for failure to comply with the provisions of section 269-SS

Sec 271DB — Penalty for failure to comply with provisions of section 269SU

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