Penalties related and others sections

Rahul Bansal (Finalist) (35929 Points)

07 August 2011  

 

Power To Call For Information And Conduct Survey

  • Section 133– Power To Call For Information
  • Section 133B– Power To Collect Information
  • Section 133A– Power Of Survey

Powers Regarding Discovery, Production Of Evidence, Etc. (Section 131)

  • Section 131(1)
  • Section 131(3)

Search And Seizure

  • Section 132– Search And Seizure
  • Section 132A– Powers To Requisition Books Of Account, Etc.
  • Section 132B– Application Of Seized Or Requisitioned Assets

Special Procedure Of Assessment Or Reassessment In Case Of Search & Seizure

  • Section 153A– Assessment In Case Of Search Or Requisition
  • Section 153B– Time-Limit For Completion Of Assessment Under Section 153A
  • Section 153C– Assessment Of Income Of Any Other Person
  • Section 153D– Prior Approval Necessary For Assessment In Cases Of Search Or Requisition

-          S. R. Batliboi & Co. vs. Department of Income Tax (Investigation) (Delhi High Court) [2009]

  • Section 153A(2)– Assessment In Case Of Search Or Requisition
  • Section 153(4) – Time Limit for Assessment or Reassessment
  • Section 292C – Presumption as to Assets, Books of Account, Etc.

Penalties & Prosecutions

  • Section 271(1)(c)  Penalty For Concealment Of Income
  • Section 271(1B) – Satisfaction of Assessing Officer for Initiating Penalty Proceedings
  • New Law Of Penalty For Concealment Of Income In Case Of Search & Seizure

­   Section 271AAA

­   Explanation 5A To Section 271(1)(c) Deemed Concealment

  • Section 274  Procedure For Imposition Of Penalty
  • Section 275  Time Limits For Passing The Penalty Order For Penalty For Concealment Of Income 
  • Time Limits For Passing Penalty Order For Penalties Other Than Penalty For Concealment Of Income
  • Section 275(1A) – Bar of Limitation for Imposing Penalties
  • Section 273A –  Power To Reduce Or Waive Penalty In Certain Cases
  • Section 276CC – Prosecution in Case of Wilful Failure to File Return of Income under section 139/148/153A or in Response to Notice under section 142(1)
  • Section 277A  Falsification Of Books Of Account Or Document, Etc.
  • Section 278B  Offences By Companies
  • Section 278C  Offences By Hindu Undivided Families
  • Section 278E  Presumption As To Culpable Mental State
  • Section 279  Prosecution To Be At Instance Of Chief Commissioner Or Commis­sioner
  • Section 129   Change Of Incumbent Of An Office

Settlement Commission

  • Section 245A  “Cases” Which Can Be Referred To Settlement Commission
  • Section 245C  Application For Settlement Of Cases
  • Section 245D  Procedure On Receipt Of Application
  • Section 245DD  Power To Attach Property
  • Section 245E  Power To Reopen Completed Proceedings
  • Section 245F  Other Powers Of Settlement Commission
  • Section 245H  Powers Of The Settlement Commission To Grant Immunity From Prosecutions And Penalties
  • Section 245HA  Abatement Of Proceeding Before Settlement Commission
  • Section 251 – Power of the Commissioner (Appeal)
  • Section 273AA – Power of Commissioner to Grant Immunity From Penalty
  • Section 278AB – Power of Commissioner to Grant Immunity From Prosecution
  • Section 245HAA  Credit For Tax Paid In Case Of Abatement Of Proceedings
  • Section 245K  Bar On Subsequent Application For Settlement
  • Section 245-I   Order Of Settlement Commission To Be Conclusive

Appeals And Revision

  • Section 246A  Appealable Orders Before Commissioner (Appeals)
  • Section 248 – Appeal By Person Denying Liability To Deduct Tax.
  • Section 249   Form Of Appeal And Limitation
  • Section 268   Exclusion Of Time Taken For Copy
  • Section 220(6)   Stay Of Demand
  • Section 250   Procedure In Appeal
  • Section 253  Appeals To The Appellate Tribunal
  • Section 254  Order Of Appellate Tribunal
  • Section 260A  Appeal To High Court
  • Section 260B   Case Before High Court To Be Heard By Not Less Than Two Judges
  • Section 260 –  Effect To The Decision Of High Court/ Supreme Court
  • Section 261 –  Appeal To The Supreme Court
  • Section 262 – Hearing Before Supreme Court
  • Section 268A – Filing of Appeal by Income Tax Authority
  • Section 263 –   Revision Of Orders Prejudicial To Revenue
  • Section 264 –   Revision Of Other Orders 

Income-Tax Authorities & Their Powers

  • Section 116  Income Tax Authorities
  • Section 119  Powers Of Central Board Of Direct Taxes 

Certain Concepts Related to Assessment, Appeals, Etc.

  • Section 281 – Certain Transfers to be Void
  • Section 281B – Provisional Attachment to Protect the Interest to the Revenue in Certain Cases
  • Section 282 – Service of Notice Generally
  • Section 282A – Authentication of Notices and Other Documents
  • Section 282B – Allotment of Document Identification Number
  • Section 292BB – Notice Deemed to be Valid in Certain Circumstances
  • Section 293C – Power to Withdraw Approval

Advance Tax

  • Section 210  Payment Of Advance Tax By The Assessee In Pursuance Of Order Of Assessing Officer 

Mandatory And Penal Interest Under Sections 234A, 234B & 234C

  • Provisions Of Section 234C In Case Of Companies
  • Provisions Of Section 234A & 234B On Reassessment Under Section 147/ 153A Or Assessment Under Section 147/ 153A After Computation Under Section 143(1)
  • Chief Commissioners And Directors-General (Investigation) Empowered To Reduce Or Waive Penal Interest For Late Furnishing Of Return Of Income, Non-Payment Or Inadequate Payment Of Advance Tax, Etc.
  • Section 234D   Interest On Excess Refund
  • Section 244A(1)  Interest On Refunds 

Assessee In Default

  • Section 220 –  When Tax Payable And When Assessee Deemed In Default