Gift-Tax Act, 1958

Section - 17 - Penalty for failure to furnish returns, to comply with notices and concealment of gifts, etc.

⁵⁶[Penalty for failure to furnish returns, to comply with notices and concealment of gifts, etc.

17. (1) If the ⁵⁷[Assessing Officer], ⁵⁸[Deputy Commissioner (Appeals)], ⁵⁹[Commissioner (Appeals),] ⁶⁰[Chief Commissioner or Commissioner] or Appellate Tribunal, in the course of any proceedings under this Act, is satisfied that any person-

(a)	-	⁶¹[***]
(b)	-	has ⁶²[***] failed to comply with a notice under sub-section (2) or sub-section (4) of section 15; or
(c)	-	has concealed the particulars of any gift or deliberately furnished inaccurate particulars thereof,