Section 271DA
Penalty for failiure to comply with provisions of section 269ST. Repealed
About this Act
An Act to consolidate and amend the law relating to income-tax and super-tax
1(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.
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.
Notes
1. Ins. by Act 7 of 2017, s. 85 (w.e.f. 1-4-2017).