Penalties and Prosecution

Chapters / List

1. Penalty for under-reporting and misreporting of income - Section 270A

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2. Immunity from imposition of penalty and initiation of proceeding u/s 276C or 276CC - Section 270AA

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

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

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5. Penalty for concealment of income in case of search & seizure - Section 271AAB

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6. Penalty in respect of certain income - Section 271AAC

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7. Penalty for false entry, etc., in books of account - Section 271AAD

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8. Benefits to related persons - Section 271AAE

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9. Summary chart for Penalties in Income Tax

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10. Power to reduce or waive penalty in certain cases - Section 273A

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11. Power of Principal Commissioner or Commissioner to grant immunity from penalty - Section 273AA

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12. Penalty not to be imposed in certain cases - Section 273B

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13. Procedure for imposing Penalty - Section 274

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14. Bar of limitation for imposing penalties - Section 275

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15. Summary Chart for Offences and Prosecution under Income Tax Act

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16. Power of or Principal Commissioner or Commissioner to grant immunity from prosecution. – Section 278AB

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17. Offences by companies – Section 278B

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18. Offences by Hindu undivided families – Section 278C

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19. Presumption as to assets, books of account, etc., in certain cases - Section 278D

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20. Presumption as to culpable mental state – Section 278E

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21. Prosecution to be at instance of PCCIT/CCIT/PCIT/CIT & Compounding an Offence - Section 279

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22. Amount of investments, etc., not fully disclosed in BOA -Section 69B, Unexplained expenditure, etc. – Section 69C, Amount borrowed or repaid on hundi – Section 69D

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23. Tax on income referred to in Section 68 or 69 or 69A or 69B or 69C or 69D - Section 115BBE

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24. Mode of taking or accepting certain loans, deposits and specified sum - Section 269SS & 271D

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25. Mode of undertaking transactions - Section 269ST & Section 271DA

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26. Mode of repayment of certain loans or deposits - Section 269T & Section 271E

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27. Acceptance of payment through prescribed electronic modes - Section 269SU & Section 271DB

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28. Mode of repayment of Special Bearer Bonds, 1991 - Section 269TT

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