Section 272BBB
Penalty for failure to comply with the provisions of section 206CA. Repealed
About this Act
An Act to consolidate and amend the law relating to income-tax and super-tax
1(1) If a person
2
fails to comply before the 1st day of October, 2004 with the provisions of section 206CA, he shall, on
an order passed by the Assessing Officer, pay, by way of penalty, a sum of ten thousand rupees.
(2) No order under sub-section (1) shall be passed unless the person on whom the penalty is proposed to be imposed, is given an opportunity of being heard in the matter.
(2) No order under sub-section (1) shall be passed unless the person on whom the penalty is proposed to be imposed, is given an opportunity of being heard in the matter.
Notes
1. Ins. by Act 20 of 2002, s. 105 (w.e.f. 1-6-2002).
2. Subs. by Act 23 of 2004, s. 58, for “fails to comply” (w.e.f. 1-10-2004).
2. Subs. by Act 23 of 2004, s. 58, for “fails to comply” (w.e.f. 1-10-2004).