Section 271CA
Penalty for failure to collect tax at source. Repealed
About this Act
An Act to consolidate and amend the law relating to income-tax and super-tax
1(1) If any person fails to collect the whole
or any part of the tax as required by or under the provisions of Chapter XVII-BB, then, such person shall
be liable to pay, by way of penalty, a sum equal to the amount of tax which such person failed to collect
as aforesaid.
(2) Any penalty imposable under sub-section (1) shall be imposed by the Joint Commissioner.
(2) Any penalty imposable under sub-section (1) shall be imposed by the Joint Commissioner.
Notes
1. Ins. by Act 21 of 2006, s. 52 (w.e.f. 1-4-2007).