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Section 272A

Latest Articles


Adverse Income Tax Orders: Implications and Penalties

Income Tax : Understand the consequences of an adverse income tax order, including high tax rates, penalties, interest, and steps to appeal or ...

May 4, 2025 2049 Views 0 comment Print

Section 272A penalty increased to Rs. 500 per day from existing Rs. 100

Income Tax : Amendment in the provisions of section 272A of the Act Section 272A of the Act provides for penalty for failure to answer question...

February 2, 2022 8799 Views 0 comment Print

TDS Certificates – Detailed Discussion

Income Tax : As we all are aware that the TDS return process will consider as incomplete until the Valid TDS certificate has been issued by the...

July 31, 2020 232770 Views 31 comments Print

Section 272A Penalty for failure to answer questions or furnish information / returns/ statements or allow inspections etc

Income Tax : The penalty provisions of section 272A of the Income Tax Act covers various penalty like failure to answer the questions or failur...

February 21, 2020 101937 Views 0 comment Print

Delay in Download of TDS Certificate attracts Penalty

Income Tax : Due Date for downloading and Penalty for non-compliance: Please be advised that under the provisions of section 203 of the Income...

July 24, 2018 182166 Views 41 comments Print


Latest Judiciary


Section 272A(1)(d) Penalty Limited to First Default, Not Each Notice: ITAT Surat

Income Tax : ITAT Surat rules penalty under Section 272A(1)(d) must be limited to first default, not per notice. Penalty reduced to ₹10,000 d...

April 12, 2025 6384 Views 0 comment Print

Lack of evidence of non-compliance with issued notices: ITAT Quashes Section 272A(1)(C) penalty

Income Tax : ITAT Jaipur rules in favor of Deepak Kumar Samtani, dismissing penalty under Section 272A(1)(C) due to lack of evidence of non-com...

November 14, 2024 579 Views 0 comment Print

No Section 272A(1)(d) Penalty for Non-Compliance due to Consultant’s Failure to inform

Income Tax : ITAT Kolkata cancels ₹20,000 penalty imposed on SNG Microns by NFAC, citing lack of proper notice and communication as grounds f...

October 29, 2024 9576 Views 0 comment Print

No section 272A(2)(k) Penalty for mere Technical Breach: ITAT Delhi  

Income Tax : Explore Ambience Developers vs. JCIT case: ITAT Delhi holds no penalty for technical breach under section 272A(2)(k) of the Income...

January 25, 2024 738 Views 0 comment Print

Section 40A(2)(b) Disallowance for Assumed Higher Sub-contracting Income is unsustainable

Income Tax : ITAT Delhi held that disallowance under section 40A(2)(b) of the Income Tax Act on merely estimating that more income should have ...

November 1, 2023 1269 Views 0 comment Print


No Section 272A(2)(k) penalty merely for delay in filing Quarterly TDS Statement

May 17, 2021 4419 Views 0 comment Print

Maharashtra Jeevan Pradhikaran Vs JCIT (ITAT Pune) We have also considered judicial precedents placed on record. In this case penalty has been levied u/s. 272A(2)(k) of the Act due to late filing of TDS statements/returns. However, it is an undisputed fact as admitted by the parties herein, that no loss has been caused to the […]

Section 272A(2)(k) Penalty based on non–existing grounds is unsustainable

December 2, 2020 1857 Views 0 comment Print

District Mining Officer Vs JCIT (TDS) (ITAT Allahabad) It is noted that the Assessing Officer has initiated the penalty proceedings u/s 272A(2)(k) of the Income Tax Act for the alleged default of delivering the statement of TDS in Form 26Q within the time specified in section 200(3) read with proviso to section 206(3). In the […]

TDS Certificates – Detailed Discussion

July 31, 2020 232770 Views 31 comments Print

As we all are aware that the TDS return process will consider as incomplete until the Valid TDS certificate has been issued by the deductor. Now if we focus on the word Valid TDS Certificate, it means Form 16/ Form 16A issued by authenticated authority. As on the current date the TRACES have the authorisation […]

Section 272A Penalty for failure to answer questions or furnish information / returns/ statements or allow inspections etc

February 21, 2020 101937 Views 0 comment Print

The penalty provisions of section 272A of the Income Tax Act covers various penalty like failure to answer the questions or failure in furnishing several information / returns / statements etc. The provisions of section 272A are taken up and explained in the present article. Applicability of provisions of section 272A of the Income Tax […]

Section 272A Penalty not justified for Assessee having exempt income under Section 10(23C)

July 12, 2019 13593 Views 0 comment Print

Whether the penalty levied by CIT(A) u/s 272A of the Income Tax Act, 1961 is justified in law? Penalty u/s 272A is not justified for Assessee having exempt income u/s 10(23C).

Delay in Download of TDS Certificate attracts Penalty

July 24, 2018 182166 Views 41 comments Print

Due Date for downloading and Penalty for non-compliance: Please be advised that under the provisions of section 203 of the Income Tax Act, 1961 read with rule 31A, Certificate of tax deducted at source is to be furnished within fifteen (15) days from the due date for furnishing the statement of tax deducted at source. Failure to comply with the provisions of the Act will attract penalty under the provisions of section 272A of the Act, a sum of one hundred rupees for every day during which the failure continues.

Don’t Take TDS Lightly

July 24, 2018 43285 Views 30 comments Print

Nowadays delay in payment of TDS and in TDS return Filing makes an assessee liable to Late Payment Interest, Late Payment Penalty, Late Filing Fees, Late Filing Penalty and Further makes him liable to prosecution under the provision of the Income Tax Act, 1961.

Penalty U/s. 272A (2)(k) cannot be imposed for a mere technical venial breach

June 21, 2018 1611 Views 0 comment Print

Explanation offered by the assessee would constitute ‘reasonable cause’ within the meaning of section 273B of the Act and hence the assessee would be entitled for immunity from levy of penalty u/s 272A(2)(k) of the Act.

Penalty for delay in filing TDS return due to technical glitches is invalid   

February 9, 2018 1965 Views 0 comment Print

Pravin Chatarbhuj Bajaj Vs Addl. CIT (TDS) (ITAT Pune) The case of the assessee before us is that the delay in submission of e-TDS return was because of strict requirement of e-filing of the statement and filing of such e-TDS return in this year PAN of person on whose behalf tax is collected were required […]

Rationalisation of provisions relating to TDS and TCS

March 1, 2015 21787 Views 0 comment Print

Budget 2015-16 -Rationalisation of provisions relating to Tax Deduction at Source (TDS) and Tax Collection at Source (TCS) Under Chapter XVII-B of the Act, a person is required to deduct tax on certain specified payment at the specified rate if the payment exceeds the specified threshold. The person deducting tax (‘the deductor’) is required to […]

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