Section 272AA - Penalty for failure to comply with the provisions of section 133B - Income-tax Act, 1961

1 [Penalty for failure to comply with the provisions of section 133B. 272AA. (1) If a person 2 [***] fails to comply with the provisions of section 133B, he shall, on an order passed by the 3 [Joint Commissioner], 4 [Assistant Director] 5 [or Deputy Director] or the 6 [Assessing] Officer, as the case may be, pay, by way of penalty, a sum which may extend to one thousand rupees. (2) No order under sub-section (1) shall be passed unless the person on whom the penalty is proposed to be imposed is given an opportunity of being heard in the matter. ---------------------------- Notes :- 1. Inserted by the Finance Act, 1986, w.e.f. 13-5-1986. 2. Words , without reasonable cause, omitted by the Taxation Laws (Amendment Miscellaneous Provisions) Act, 1986, w.e.f. 10-9-1986. 3. Substituted for Deputy Commissioner by the Finance (No. 2) Act, 1998, w.e.f. 1-10-1998. Earlier Deputy Commissioner was substituted for Inspecting Assistant Commissioner by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. 4. Substituted for Assistant Director of Inspection by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988. 5. Inserted by the Finance (No. 2) Act, 1998, w.e.f. 1-10-1998. 6. Substituted for Income-tax by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1988.