Quick Summary
A woman was recently sentenced to six months in jail by a Delhi Court for failing to file an income tax return on an income of Rs two crores. The case, initiated by the Income Tax Office (ITO), stemmed from allegations that the accused received Rs two crore during the financial year 2013-14, with TDS (tax deducted at source) of Rs. Two lakh deducted, yet failed to file a return of income for the assessment year 2014-15. Additional Chief Metropolitan Magistrate (ACMM) Mayank Mittal pronounced
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
She was sentenced to six months in jail for failing to file an income tax return on an income of Rs two crore for the financial year 2013-14.
The income was received during the financial year 2013-14, and the failure to file a return was for the assessment year 2014-15.
A TDS of Rs. Two lakh was deducted from her income.
The court sentenced her to six months of simple imprisonment and imposed a fine of Rs 5,000. An additional month of imprisonment would be required if the fine was not paid.
Yes, the court granted her 30 days' bail to challenge the order.
She was found guilty of the offense under Section 276CC of The Income Tax Act, 1961.
CAclubindia
