Insertion of new section 272BBB
Section 105 of the Finance Act, 2002 deals with insertion of new section 272BBB. Insertion of new section 272BBB. 105. After section 272BB of the Income-tax Act, the following section shall be inserted with effect from the 1st day of June, 2002, namely:— "272BBB.
Insertion of new section 272BBB.
105. After section 272BB of the Income-tax Act, the following section shall be inserted with effect from the 1st day of June, 2002, namely:—
"272BBB. Penalty for failure to comply with the provisions of section 206CA.—(1) If a person fails to comply with the provisions of section 206CA, he shall, on an order passed by the Assessing Officer, pay, by way of penalty, a sum of ten 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.".
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Section 105, The Finance Act, 2002.
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Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 105
What does Section 105 of the Finance Act deal with?
Section 105 of the Finance Act is headed "Insertion of new section 272BBB". Insertion of new section 272BBB. 105. After section 272BB of the Income-tax Act, the following section shall be inserted with effect from the 1st day of June, 2002, namely:— "272BBB.
How do I find court cases under Section 105 of the Finance Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2002 105, section 105 Finance Act 2002, section 105 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 105 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 272BB (Penalty for failure to comply with the provisions of section 203A), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2002. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule5753 words
- 4. Amendment of section 102120 words
- 2. Income-tax1821 words
- 60. Amendment of section 143781 words
- 21. Substitution of new section for section 43A780 words
- 57. Substitution of new section for section 132B724 words
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