Hi, can a penalty under section 221 and 271(1)c or 270a be levied at the same time for same offence like concealment of income or non filing of itr...
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Penalty in income tax
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A penalty can be levied under multiple sections of the Income Tax Act for the same offense, such as concealment of income or non-filing of the ITR. However, the amount of the penalty may differ, and the taxpayer cannot be subjected to double or triple penalties for the same offense.
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