270A


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This discussion delves into the new penalty provisions introduced under Section 270A of the Income Tax Act, effective from the Assessment Year 2017-18. It explores the significant shift in the penalty regime, moving away from older sections. The content highlights how these new provisions aim to address under-reporting and misreporting of income, offering insights into their application and potential implications for taxpayers.


27 November 2021 https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=9156

27 November 2021 https://itatorders.in/blog/new-penalty-provision-under-section-270a-a-blessing-in-disguise/

27 November 2021 https://itatonline.org/articles_new/analysis-of-penalty-provisions-u-s-270a-shifting-of-paradigm-from-ay-2017-18/


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