Income Tax Department

Ministry of Finance, Government of India

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Section 271E

Penalty for failure to comply with the provisions of section 269T

Section

Section Number

271E

Chapter

CHAPTER XXI - PENALTIES IMPOSABLE

Act

Income-tax Act, 1961

Year

2000

Penalty for failure to comply with the provisions of section 269T

Penalty for failure to comply with the provisions of section 269T
83 [Penalty for failure to comply with the provisions of section 269T.
271E. 84[(1)] If a person repays any deposit referred to in section 269T otherwise than in accordance with the provisions of that section, he shall be liable to pay, by way of penalty, a sum equal to the amount of the deposit so repaid.]
85 [(2) Any penalty imposable under sub-section (1) shall be imposed by the 86 [Joint] Commissioner.]
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