Sec 272b of income tax act
Web6 Jun 2024 · As per provisions of Section 272B of the Income Tax Act., 1961, a penalty of Rs. 10,000 can be levied on possession of more than one PAN. 7752 Other latest News : … Web2 Jun 2009 · Section 272B talks abt the Penalty for failure to comply with the Provisions of Section 139A of the said Act. & according to Section 139A (5A) Every person who is …
Sec 272b of income tax act
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WebThe Revenue Tax Department NEVER wants for your PIN numbers, credentials instead similar access information to credits cards, banks or other financial accounts through e-mail.. The Income Tax Department appeals to taxpayers NOT to reaction to such e-mails additionally NOT to how information relating in its credit card, banker and various financial … WebSection 272B of Income Tax Act "Penalty for failure to comply with the provisions of section 139A" 272B. (1) If a person fails to comply with the provisions of section 139A, the …
WebIncome Tax Department Penalty for failure to comply with the provisions of section 139A. 272B. (1) If a person fails to comply with the provisions of section 139A, the Assessing … WebEvery taxpayer is given a Permanent Account Number (PAN). According to the Income Tax Department, an individual can't maintain multiple PAN. The similar
Web9 Aug 2024 · As per the Section 272B of the Income Tax Act, the income tax officer can levy a penalty of Rs 10,000 on a person for having more than one PAN. Explaining Section … Web29 Jan 2024 · It may be noted that notices u/s 272B is issued to the Assessee’s who filed their Income tax Return or other documents but filled wrong PAN / Aadhaar Number or …
WebAccording to Section 272B of Income Tax Act, a penalty of Rs 10,000 can be levied in case PAN is not quoted or furnished as required by the Law. Under the provisions, a penalty …
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