Section 274 – Income Tax Act, 1961

Income Tax Act, 1961

 

 

Section 274. PROCEDURE.

 

(1) No order imposing a penalty under this Chapter shall be made unless the assessee has been heard, or has been given a reasonable opportunity of being heard.

 

(2) No order imposing a penalty under this Chapter shall be made – (a) By the Income-tax officer, where the penalty exceeds ten thousand rupees;

(b) by the Assistant Commissioner or Deputy Commissioner where the penalty exceeds twenty thousand rupees, except with the prior approval of the Joint Commissioner.

 

(3) An income-tax authority on making an order under this Chapter imposing a penalty, unless he is himself the Assessing Officer, shall forthwith send a copy of such order to the Assessing Officer.

 

Related Judgements

 

COMMISSIONER OF INCOME-TAX v. INDEN BISLERS.

 

COMMISSIONER OF INCOME-TAX v. D. RAMASAMY REDDIAR (DECD.) & ANR.

 

 

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Income Tax Act, 1961 

 

Indian Laws – Bare Acts

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