India - Income Tax Act 2010 - Saarc

S. 272A I.T. ACT, 1961 1.91484[Penalty for failure to answer questions, sign statements, furnish information,returns or statements, allow inspections, etc.272A. (1) If any person,—(a) being legally bound to state the truth of any matter touching thesubject of his assessment, refuses to answer any question put to himby an income-tax authority in the exercise of its powers under thisAct; or(b) refuses to sign any statement made by him in the course of anyproceedings under this Act, which an income-tax authority maylegally require him to sign; or(c) to whom a summons is issued under sub-section (1) of section 131either to attend to give evidence or produce books of account or otherdocuments at a certain place and time omits to attend or producebooks of account or documents at the place or time,(d) 85 [***]he shall pay, by way of penalty, 86 [a sum of ten thousand rupees] for each suchdefault or failure.(2) If any person fails—(a) to comply with a notice issued under sub-section (6) of section 94; or(b) to give the notice of discontinuance of his business or profession asrequired by sub-section (3) of section 176; or(c) to furnish in due time any of the returns, statements or particularsmentioned in section 133 or section 206 87 [***] 88 [or section 206C] orsection 285B; or(d) to allow inspection of any register referred to in section 134 or of anyentry in such register or to allow copies of such register or of any entrytherein to be taken; or89[(e) to furnish the return of income which he is required to furnish undersub-section (4A) or sub-section (4C) of section 139 or to furnish it84. Substituted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989. Prior to itssubstitution, section 272A was inserted by the Taxation Laws (Amendment) Act, 1975,w.e.f. 1-4-1976 and later on amended by the Finance (No. 2) Act, 1977, w.e.f. 10-7-1978,Finance Act, 1982, w.e.f. 1-6-1982, Taxation Laws (Amendment & Miscellaneous Provisions)Act, 1986, w.e.f. 10-9-1986 and the Finance Act, 1987, w.e.f. 1-6-1987.85. Omitted by the Finance Act, 2002, w.e.f. 1-6-2002. Prior to its omission, clause (d) read asunder :“(d) fails to comply with the provisions of section 139A,”86. Substituted for “a sum which shall not be less than five hundred rupees but which mayextend to ten thousand rupees” by the Finance Act, 2001, w.e.f. 1-6-2001.87. Words “or section 206A or section 206B” omitted by the Finance (No. 2) Act, 1996, w.e.f.1-10-1996.88. Inserted by the Finance (No. 2) Act, 1991, w.e.f. 1-10-1991.89. Substituted by the Finance Act, 2002, w.e.f. 1-4-2003. Prior to its substitution, clause (e)read as under :“(e) to furnish the return of income which he is required to furnish under sub-section(4A) of section 139 or to furnish it within the time allowed and in the mannerrequired under that sub-section; or”