Penalty u/s 272a 2
Web2. These proceedings concern the penalty levied on the appellant under Section 272A(2)(e) of the Act for the delay in filing income tax returns for the assessment years (AYs) 1990-91, 1991-92, 1995-96, 1996-97 and 1997-98. The period of delay and the corresponding penalty imposed are set out in the table below: 3. WebJul 24, 2024 · Hence there is no question of violation of section 200(3) inviting penalty u/s 272A(2). 2.2 Though Sec. 200(2A) was introduced w.e.f. 01.06.2015 providing for obligation on government department to file TDS return; there is no corresponding amendment in sec. 272A(2)(k). Hence penalty is still not leviable even today even after amendment.
Penalty u/s 272a 2
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WebPenalty u/s 272A(2)(c) for delay in filing TDS returns cannot be levied if the delay was caused due to requirement to collect PAN of payees. The non-availability of the PAN of the payees is a reasonable cause. The delay is unintentional and it causes no loss to the revenue as the TDS has been deducted and deposited in the treasury. Webindiankanoon.org
Web(2) The defendant has been indicted for a criminal offense but the defendant's case is transferred from superior court to district court pursuant to G.S. 15A-1029.1. (d) … WebIf the defendant's activity did not constitute "tampering" within the meaning of § 50-27-27, the express intent of the Georgia General Assembly in § 50-27-2 that state lottery …
WebPenalty u/s 272A(2)(e) - return in this case was filed on 12/07/2024 as late by 2537 days - the assessee has filled its return of income declaring the nil income and assessment has also 'been completed at nil income vide assessment order dated 25.12.2024 u/s 143((3)/148 of the Act in the status of educational institution. WebMay 10, 2014 · Penalty u/s 272a(2)(e) This query is : Resolved Report Abuse Follow Query Ask a Query. Querist : Anonymous Querist : Anonymous (Querist) 10 May 2014 Please …
WebJun 30, 2024 · Levy of penalty u/s 272A(2)(e) - delay of 509 days in filing the return of income - Once the assessee is liable to file the return of income under the provisions of the Act and it fails to do so, then the provisions of section 272A(2)(e) of the Act automatically arises. View Source
WebJan 18, 2024 · The ld. CIT(A) has grossly erred in law as well as on the facts of the case in confirming the imposition of penalty of Rs. 2,53,700/- u/s 272A(2)(e) invoked by the ld JCIT. The penalty so imposed and confirmed by the ld. CIT(A) being totally contrary to the provisions of law and facts on the record and hence the same may kindly be deleted. pound cake at cvsWeb272A(1) Refusal or failure to : Rs. 10,000 for each failure/default (a) answer questions (b) sign statement (c) attend to give evidence or produce books of account, etc., in compliance with summons under section 131(1) (d) comply with notices u/s 142(1)/143(2) or failure to comply with direction issued u/s 142(2A). 272A(2) Failure to : pound cake and strawberry dessertWebJul 4, 2024 · Search Georgia Code. (a) (1) (A) The legal rate of interest shall be 7 percent per annum simple interest where the rate percent is not established by written contract. … tour of red sox stadiumWebUnder section 272A (2) (e) of the Act, failure to file Return of income in terms of section 139 (4A) of the Act is liable to penalty of Rs.100/- for every day of delay. However, u/s 273B of … tour of reservoir 2022tour of raleighWeb1 day ago · Business owners and residents have begun the slow process of drying out and recovering possessions following an unprecedented deluge that dumped more than 2 feet of rain in some areas of South Florida in one day. Fort Lauderdale-Hollywood International Airport reopened Friday morning after a nearly two-day closure because of flooding … pound cake at walmartWebNo penalty u/s 271(1)(c) shall be levied where penalty u/s 271AAA has been levied. ... (Failure to submit TDS/TCS statements will not be governed by section 272A(2) with effect from July 1, 2012); (l) deliver the statement within time specified in respect of payment of interest to residents without deduction of tax u/s. 206A(1) tour of remodeled homes louisville