{"id":44240,"date":"2024-07-15T10:56:14","date_gmt":"2024-07-15T05:26:14","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&p=44240"},"modified":"2024-07-15T10:56:14","modified_gmt":"2024-07-15T05:26:14","slug":"penalty-u-s-271da","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/penalty-u-s-271da\/","title":{"rendered":"Penalty u\/s 271DA"},"content":{"rendered":"

AS per penalty order 16.02.2024, Assessee received sum of Rs. 6,00,000\/- from A in December 2020. Assessee received SCN in December 2023 for levy of penalty u\/s 271DA. Assessee is raising following queries:-<\/p>\n

    \n
  1. No Regular Assessment has been done for A.Y 2021-22. Whether the penalty can be imposed\u00a0 even if no regular assessment has been done.<\/li>\n
  2. No details of transaction in the SCN has been given.<\/li>\n
  3. Whether the AO\/ JCIT who issued the notice u\/s 274 r.w.s 271DA should record satisfaction before issue of notice.<\/li>\n<\/ol>\n

    Please Clarify the above<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[],"qa_category":[23],"qa_tag":[355],"class_list":["post-44240","qa","type-qa","status-publish","hentry","qa_category-income-tax","qa_tag-penalty-u-s-271d"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/44240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=44240"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=44240"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=44240"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=44240"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=44240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}