Income Tax Act, 2025
Section 9: Subs. by Act 21 of 1998, s. 3, for “Deputy Commissioner” (w.e.f. 11998).
9. Subs. by Act 21 of 1998, s. 3, for “Deputy Commissioner” (w.e.f. 11998).
784
1[271C. Penalty for failure to deduct tax at source.—2[3[(1)] If any person fails to—
(a) deduct the whole or any part of the tax as required by or under the provisions of Chapter
XVII-B; or
(b) pay the whole or any part of the tax as required by or under—
(i) sub-section (2) of section 115-O; or
(ii) the second proviso to section 194B,
then, such person shall be liable to pay, by way of penalty, a sum equal to the amount of tax which such
person failed to deduct or pay as aforesaid.]
4[(2) Any penalty imposable under sub-section (1) shall be imposed by the 5[Joint Commissioner].]
6[271CA. Penalty for failure to collect tax at source.— (1) If any person fails to collect the whole
or any part of the tax as required by or under the provisions of Chapter XVII-BB, then, such person shall
be liable to pay, by way of penalty, a sum equal to the amount of tax which such person failed to collect
as aforesaid.
(2) Any penalty imposable under sub-section (1) shall be imposed by the Joint Commissioner.]
271D. Penalty for failure to comply with the provisions of section 269SS.— 7[(1)] If a person takes
or accepts any loan or deposit 8[or specified sum] in contravention of the provisions of section 269SS, he
shall be liable to pay, by way of penalty, a sum equal to the amount of the loan or deposit 8[or specified
sum] so taken or accepted.
9[(2) Any penalty imposable under sub-section (1) shall be imposed by the 5[Joint Commissioner].]
10[271DA. Penalty for failure to comply with provisions of section 269ST.—(1) If a person
receives any sum in contravention of the provisions of section 269ST, he shall be liable to pay, by way of
penalty, a sum equal to the amount of such receipt:
Provided that no penalty shall be imposable if such person proves that there were good and sufficient
reasons for the contravention.
(2) Any penalty imposable under sub-section (1) shall be imposed by the Joint Commissioner.]
271E. Penalty for failure to comply with the provisions of section 269T.—11[(1)] If a person
repays any 12[loan or deposit] 13[or specified advance] referred to in section 269T otherwise than in
accordance with the provisions of that section, he shall be liable to pay, by way of penalty, a sum equal to
the amount of the 12[loan or deposit] 13[or specified advance] so repaid.]
14[(2) Any penalty imposable under sub-section (1) shall be imposed by the 5[Joint Commissioner].]
deduct the whole or any part of the tax as required by or under the provisions of Chapter
XVII-B; or
pay the whole or any part of the tax as required by or under—
sub-section
of section 115-O; or
the second proviso to section 194B,
then, such person shall be liable to pay, by way of penalty, a sum equal to the amount of tax which such
person failed to deduct or pay as aforesaid.]
4[
Any penalty imposable under sub-section
shall be imposed by the 5[Joint Commissioner].]
6[271CA. Penalty for failure to collect tax at source.—
If any person fails to collect the whole
or any part of the tax as required by or under the provisions of Chapter XVII-BB, then, such person shall
be liable to pay, by way of penalty, a sum equal to the amount of tax which such person failed to collect
as aforesaid.
Any penalty imposable under sub-section
shall be imposed by the Joint Commissioner.]
271D. Penalty for failure to comply with the provisions of section 269SS.— 7[
Any penalty imposable under sub-section
shall be imposed by the 5[Joint Commissioner].]
10[271DA. Penalty for failure to comply with provisions of section 269ST.—
If a person
receives any sum in contravention of the provisions of section 269ST, he shall be liable to pay, by way of
penalty, a sum equal to the amount of such receipt:
Provided that no penalty shall be imposable if such person proves that there were good and sufficient
reasons for the contravention.
Any penalty imposable under sub-section
shall be imposed by the Joint Commissioner.]
271E. Penalty for failure to comply with the provisions of section 269T.—11[
Any penalty imposable under sub-section
shall be imposed by the 5[Joint Commissioner].]