Section 271FCentral Act
Section 271F: [ Penalty for failure to furnish return of income. [ Substituted by Act 20 of 2002, Section 102 (w.e.f. 1.6.2002).]
[ Penalty for failure to furnish return of income. [ Substituted by Act 20 of 2002, Section 102 (w.e.f. 1.6.2002).]
- If a person who is required to furnish a return of his income, as required under sub-section (1) of section 139 or by the provisos to that sub-section, fails to furnish such return before the end of the relevant assessment year, the Assessing Officer may direct that such person shall pay, by way of penalty, a sum of five thousand rupees.]Previous
Sec 271E — Penalty for failure to comply with the provisions of section 269-T
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Sec 271FA — [ Penalty for failure to furnish [statement of financial transaction or reportable account] [Substituted by Act 17 of 2013, section 58, for section 271FA (w.e.f. 1-4-2014).]
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