Penalty/prosecution u/s 276bb
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 February 2014
If I have collected TCS from the sale proceed of alcoholic liquor, deducted TCS but deposited the same after about 2 years. What can be the penal proceeding against the same ?
23 February 2014
well you are bang on with the title of the query. 276BB is applicable..so the penalty is jail term - minimum 3 months.
though dont know how many times this section has been actually invoked
though dont know how many times this section has been actually invoked
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Cgst asmt - 10
- E-Invoice applicability related question
- CAN a GSTIN registered under rule 14A opt for composition scheme without withdrawal from rule 14A ??
- Employee claim Expnese Invoices
- REFUND OF TDS CLAIM
- Journal entry of TDS operative a/c dr (under withdrawal side of bank a/c)
- Rejection of the application for the registration of a society in Andhra Pradesh state
- PTEC-payment
- Reduce fine on my company
- Delisted shares
- RELATED TO ITR OF POLITICAL PARTY
- Fy 22-23 --> tyed more in gst 3b vs 2b, any interest?
- INCOME TAX QUERY FY25-26()\
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
