Blog No. 25. Discussion on Penalty u/s 270A of the Income Tax Act, 1961


Ø  General Understanding of Penal Provisions

Ø  Section 270A Vs 271(1)(c)

Ø  Charge of Penalty under Sub Section 1 to Section 270A  

Ø  Under Reporting of Income under Sub Section 2 and 4 of Section  -270A

Ø  Exceptions from Under reported income u/s 270A(6) 270A

Ø  Mis Reporting of Income under  Sub Section 9 of Section 270A  & key Words and Phrases

Ø  Quantification of Penalty Under Section 270A

Ø  Quantification Of “Under Reported Income” u/s 270A (3)

Ø  Quantification of  “Tax Payable”

Ø  Immunity [Section 270AA]

Ø  Appeal /Revision where an order u/s. 270AA has been made.

Download the Research Paper here : Link to the Research Paper


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