271BA Income Tax Act - Penalty for failure to furnish report under section 92E

Section 271ba of Income Tax Act 1961 - Penalty for failure to furnish report under section 92E

1If any person fails to furnish a report from an accountant as required by section 92E, the Assessing Officer may direct that such person shall pay, by way of penalty, a sum of one hundred thousand rupees.
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1. Ins. by Act 14 of 2001, s. 89 (w.e.f. 1-4-2002).

Income Tax Act 1961

Section 270A Penalty for under reporting and misreporting of income

Section 270AA Immunity from imposition of penalty, etc

Section 271 Failure to furnish returns, comply with notices, concealment of income, etc

Section 271A Failure to keep, maintain or retain books of account, documents, etc

Section 271AA Penalty for failure to keep and maintain information and document, etc., in respect of certain transactions

Section 271AAA Penalty where search has been initiated

Section 271AAB Penalty where search has been initiated

Section 271AAC Penalty in respect of certain income

Section 271B Failure to get accounts audited

Section 271BA Penalty for failure to furnish report under section 92E

Section 271BB Failure to subscribe to the eligible issue of capital