Menu
Penalty u/s 272A ?
Whether penalty u/s 272A is an additional penalty for the purpose of Sec. 139(4A)/139(4C) or is in replacement of fees/penalty u/s 234F?
Replies (6)
It is an additional penalty
Both are different section.
272A is a penalty for failure to answer questions, sign statements, furnish information, returns or statements.
272A is a penalty for failure to answer questions, sign statements, furnish information, returns or statements.
It is an additional penalty
It is an additional penalty
Thank You for the reply, but isn't 234F a general provision whereas 272A a specific provision for the purpose of 139(4A)/(4C), and a specific provision always over rules the general one?
Recent Threads
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
- Should we go under Section 59 of IBC or Section 27
- HUF'S ISSUE
- Gst interest and penalty doubts
- TDS RATE ON RENT FOR NRI
- NBFC costing
- Taxablity of GSLI under Income Tax
- Final new course clarification
Related Threads
CAclubindia
