158BF Income Tax Act - Certain interests and penalties not to be levied or imposed

Section 158bf of Income Tax Act 1961 - Certain interests and penalties not to be levied or imposed

No interest under the provisions of section 234A, 234B or 234C or penalty under the provisions of clause (c) of sub-section (1) of section 271 or section 271A or section 271B shall be levied or imposed upon the assessee in respect of the undisclosed income determined in the block assessment.

Income Tax Act 1961

Section 158A Procedure when assessee claims identical question of law is pending before High Court or Supreme Court

Section 158AA Procedure when in an appeal by revenue an identical question of law is pending before Supreme Court

Section 158B Definitions

Section 158BA Assessment of undisclosed income as a result of search

Section 158BB Computation of undisclosed income of the block period

Section 158BC Procedure for block assessment

Section 158BD Undisclosed income of any other person

Section 158BE Time limit for completion of block assessment

Section 158BF Certain interests and penalties not to be levied or imposed

Section 158BFA Levy of interest and penalty in certain cases

Section 158BG Authority competent to make the block assessment

Section 158BH Application of other provisions of this Act

Section 158BI Chapter not to apply after certain date

Section 159 Legal representatives

Section 160 Representative assessee