WebThis Act is current to March 29, 2024: See the Tables of Legislative Changes for this Act’s legislative history, including any changes not in force. Income Tax Act [RSBC 1996] CHAPTER 215. Contents; 1: Definitions and interpretation: Part 1 — Income Tax ... 161: Imposition of administrative penalty: 162: Administrative penalties: 163: WebSection 160 in The Income- Tax Act, 1995. 160. Representative assessee ... Liability of representative assessee 3 161 Liability of representative assessee 3. Every representative assessee, ... Substituted for" Income- tax" by the Direct Tax Laws (Amendment) Act, 1987 w. e. f. 1- 4- 1988. ITA- 37
Section 196D of Income Tax Act, 1961 Ebizfiling
WebApr 13, 2024 · Non-filing or delayed or not complying with the due date of filing Form 61 A (statements of financial transactions) can attract penalties under Section 271FA of the Income Tax Act, 1961. The penalty for non-filing or delayed filing of this form is Rs. 500 per day of default. However, the penalty amount cannot exceed the amount of the ... WebJul 19, 2024 · Liability of representative assessee. 161. (1) Every representative assessee, as regards the income in respect of which he is a representative assessee, shall be subject to the same duties, responsibilities and liabilities as if the income were income received by or accruing to or in favour of him beneficially, and shall be liable to assessment ... flow g non stop music
Nem Singh (Advocate) on LinkedIn: Section 263 Income Tax Act ...
WebIndia Code: Home WebApr 11, 2024 · The Finance Ministry, inserted sub section 2 to Section 194 R in the Indian Income Tax Act, 1961 with effect from 1st July 2024. The objective of this insertion was … WebApr 13, 2024 · Non-filing or delayed or not complying with the due date of filing Form 61 A (statements of financial transactions) can attract penalties under Section 271FA of the … flowgo babies