Penalties Imposable Under Income Tax Law (Soft Copy) is a Practice book on Income Tax on Conferenza, priced at ₹555 (18% off MRP ₹680). Published by Commercial Law Publishers. Order online with fast delivery across India.
- Price
- ₹555 · 18% off
- Course
- Practice
- Subject
- Income Tax
Penalties Imposable Under Income Tax Law (Soft Copy)
Commercial Law Publishers
Book Specifications
- Course
- Practice
- Publisher
- Commercial Law Publishers
About this book
A section-wise guide to the penalties prescribed under the Income Tax Act, 1961 for concealment, misreporting, non-compliance and other defaults. This 4th edition is updated for the year 2023.
At a glance
| Edition | 4th Edition |
| Author | Ram Dutt Sharma |
| Updated for | 2023 |
| Publisher | Commercial Law Publishers (India) Pvt. Ltd. |
What's inside
- Overview and classification of the penalty provisions, with the nature, scope and purpose of penalties in the direct tax regime
- Section-wise analysis of penalties for concealment, under-reporting and misreporting of income
- Penalties for failure to file returns, furnish information, comply with notices or maintain prescribed records
- Penalties for TDS/TCS defaults and other procedural violations
- When penalties may be waived or reduced, and the procedure for initiating and levying a penalty
- Rights of the assessee and natural justice in penalty proceedings, with judicial pronouncements, CBDT circulars and compliance tips
Who should buy this
- Chartered accountants and tax consultants defending penalty proceedings
- Corporates managing compliance and TDS/TCS defaults
- Advocates arguing against unjustified penalty impositions
Publisher's description
This 4th edition of Penalties Imposable under Income Tax Law, authored by Ram Dutt Sharma, provides a detailed and practical guide to the various penalties prescribed under the Income Tax Act, 1961, for non-compliance, concealment, misreporting, and other defaults. Updated for the year 2023, it offers a section-wise analysis of penalty provisions, procedural requirements, and judicial interpretations, making it a valuable resource for professionals, corporates, and taxpayers.
The book explains the nature, scope, and purpose of penalties in the direct tax regime, along with the rights of taxpayers and the discretion vested in the tax authorities. Supported by case laws, CBDT circulars, and practical examples, it equips readers with the knowledge required to ensure compliance and defend against unjustified penalty impositions.
The content covers:
• Overview and classification of penalty provisions under the Income Tax Act
• Section-wise analysis of penalties for concealment, under-reporting, and misreporting of income
• Penalties for failure to file returns, furnish information, comply with notices, or maintain prescribed records
• Penalties relating to TDS/TCS defaults and other procedural violations
• Circumstances where penalties may be waived or reduced
• Procedural requirements for initiation and levy of penalties
• Rights of the assessee and principles of natural justice in penalty proceedings
• Judicial pronouncements interpreting penalty provisions
• CBDT circulars, notifications, and relevant guidelines
• Practical compliance tips to avoid penalties
This edition is particularly suitable for:
• Chartered accountants, tax consultants, and advocates handling penalty proceedings
• Corporate tax and compliance teams ensuring adherence to statutory requirements
• Law and commerce students studying Indian taxation and enforcement mechanisms
• Taxpayers seeking clarity on their liabilities and rights in penalty cases
Whether used for compliance, litigation defence, or academic reference, this updated edition serves as an authoritative and practical guide to understanding and managing penalty provisions under the Income Tax Act, 1961.
Frequently asked questions
What is Penalties Imposable Under Income Tax Law (Soft Copy)?+
A section-wise guide to the penalties prescribed under the Income Tax Act, 1961 for concealment, misreporting, non-compliance and other defaults. This 4th edition is updated for the year 2023. At a glance Edition 4th Edition Author Ram Dutt Sharma Updated for 2023 Publisher Comme
How much does Penalties Imposable Under Income Tax Law (Soft Copy) cost?+
Penalties Imposable Under Income Tax Law (Soft Copy) is available for ₹555 (MRP ₹680) on Conferenza, with fast delivery.
Which exam is Penalties Imposable Under Income Tax Law (Soft Copy) for?+
Practice — Income Tax.
Is Penalties Imposable Under Income Tax Law (Soft Copy) good for self-study of Income Tax?+
Penalties Imposable Under Income Tax Law (Soft Copy) is a Income Tax book for Practice, suitable for self-study and revision. Pair it with practice and past papers for complete exam preparation.
Which is the best book for Income Tax?+
There's no single "best" book for Income Tax — the right choice depends on the syllabus coverage you need, the author's approach, the edition and your budget. Penalties Imposable Under Income Tax Law (Soft Copy) is one Practice option; compare it with other Income Tax books on Conferenza by edition, coverage and price to pick what suits your preparation.
Is Penalties Imposable Under Income Tax Law (Soft Copy) available as a free PDF download?+
Penalties Imposable Under Income Tax Law (Soft Copy) is a paid book on Conferenza, delivered fast across India. For free PDFs — study material, RTPs, MTPs and suggested answers — visit https://conferenza.in/downloads.