The Income-tax Act, 1961

Sections

1. 0Section 0
2. XXIII — MISCELLANEOUS
3. 1Fruit and Vegetable Processing industries manufacturing or producing
4. 2Meat and Poultry Product industries manufacturing or producing
5. 3Cereal Based Product industries manufacturing or producing
6. 4Food and Beverage industries manufacturing or producing
7. 5Milk and milk based product industries manufacturing or producing
8. 6Item 8 omitted by Act 16 of 1981, s. 24 (w.e.f. 1-4-1982). 7. Subs. by Act 26 of 1988, s. 53, for it
9. 7Crown corks, or other fittings of cork, rubber, polyethylene or any other material
10. 8Pilfer-proof caps for packaging or other fittings of cork, rubber, polyethylene or any other material
11. 8AParticulars to be furnished in respect of gratuity funds
12. 9Liability of trustees on cessation of approval
13. II — BASIS OF CHARGE
14. 9ACertain activities not to constitute business connection in India
15. XXIII — MISCELLANEOUS
16. 10Particulars to be furnished in respect of superannuation funds
17. III — INCOMES WHICH DO NOT FORM PART OF TOTAL INCOME
18. 10BASpecial provisions in respect of export of certain articles or things
19. XXIII — MISCELLANEOUS
20. 11Provisions relating to rules
21. 12Accounts of recognised provident funds
22. 13Appeals
23. III — INCOMES WHICH DO NOT FORM PART OF TOTAL INCOME
24. 13ASpecial provision relating to incomes of political parties
25. 13BSpecial provisions relating to voluntary contributions received by electoral trust
26. XXIII — MISCELLANEOUS
27. 14Treatment of fund transferred by employer to trustee
28. IV — COMPUTATION OF TOTAL INCOME
29. 14AExpenditure incurred in relation to income not includible in total income
30. XXIII — MISCELLANEOUS
31. 15Adjournment or stoppage of sale
32. 16Private alienation to be void in certain cases
33. 17Prohibition against bidding or purchase by officer
34. 18Prohibition against sale on holidays
35. 19Assistance by police
36. 19AEntrustment of certain functions by Tax Recovery Officer
37. 20Warrant
38. 21Service of copy of warrant
39. 22Attachment
40. 23Property in defaulter's possession
41. 24Agricultural produce
42. IV — COMPUTATION OF TOTAL INCOME
43. 25Amounts not deductible from income from house property
44. 25ASpecial provision for arrears of rent and unrealised rent received subsequently
45. 26Property owned by co-owners
46. XXIII — MISCELLANEOUS
47. 27Attachment of decree
48. 28Share in movable property
49. 29Salary of Government servants
50. 30Attachment of negotiable instrument
51. 31Attachment of property in custody of court or public officer
52. 32Attachment of partnership property
53. IV — COMPUTATION OF TOTAL INCOME
54. 32AInvestment allowance
55. 32ABInvestment deposit account
56. 32ADInvestment in new plant or machinery in notified backward areas in certain States
57. XXIII — MISCELLANEOUS
58. 33Inventory
59. IV — COMPUTATION OF TOTAL INCOME
60. 33ADevelopment allowance
61. 33ABTea development account
62. 33ACReserves for shipping business
63. 33BRehabilitation allowance
64. XXIII — MISCELLANEOUS
65. 34Attachment not to be excessive
66. IV — COMPUTATION OF TOTAL INCOME
67. 34ARestriction on unabsorbed depreciation and unabsorbed investment allowance for limited period in case of certain domestic companies
68. XXIII — MISCELLANEOUS
69. 35Seizure between sunrise and sunset
70. IV — COMPUTATION OF TOTAL INCOME
71. 35DDAmortisation of expenditure in case of amalgamation or demerger
72. 35EDeduction for expenditure on prospecting, etc., for certain minerals
73. XXIII — MISCELLANEOUS
74. 36Power to break open doors, etc
75. 37Sale
76. 38Issue of proclamation
77. 39Proclamation how made
78. 40Sale after fifteen days
79. 41Sale of agricultural produce
80. 42Special provisions relating to growing crops
81. 43Sale to be by auction
82. IV — COMPUTATION OF TOTAL INCOME
83. 43ASpecial provisions consequential to changes in rate of exchange ofcurrency
84. 43AATaxation of foreign exchange fluctuation
85. 43BCertain deductions to be only on actual payment
86. 43CSpecial provision for computation of cost of acquisition of certain assets
87. 43CBComputation of income from construction and service contracts
88. XXIII — MISCELLANEOUS
89. 44Sale by public auction
90. IV — COMPUTATION OF TOTAL INCOME
91. 44ADSpecial provision for computing profits and gains of business on presumptive basis
92. 44BBSpecial provision for computing profits and gains in connection with the business of exploration, etc., of mineral oils
93. XXIII — MISCELLANEOUS
94. 45Irregularity not to vitiate sale, but any person injured may sue
95. 46Negotiable instruments and shares in a corporation
96. IV — COMPUTATION OF TOTAL INCOME
97. 46ACapital gains on purchase by company of its own shares or other specified securities
98. XXIII — MISCELLANEOUS
99. 47Order for payment of coin or currency notes to the
100. 48Attachment
101. 49Service of notice of attachment
102. 50Proclamation of attachment
103. IV — COMPUTATION OF TOTAL INCOME
104. 50CASpecial provision for full value of consideration for transfer of share other than quoted share
105. XXIII — MISCELLANEOUS
106. 51Attachment to relate back from the date of service of notice
107. 52Sale and proclamation of sale
108. 53Contents of proclamation
109. 54Mode of making proclamation
110. IV — COMPUTATION OF TOTAL INCOME
111. 54EBCapital gain on transfer of long-term capital assets not to be charged in certain cases
112. 54EDCapital gain on transfer of certain listed securities or unit not to be charged in certain cases
113. 54FCapital gain on transfer of certain capital assets not to be charged in case of investment in residential house
114. 54GBCapital gain on transfer of residential property not to be charged in certain cases
115. XXIII — MISCELLANEOUS
116. 55Time of sale
117. 56Sale to be by auction
118. 57Deposit by purchaser and resale in default
119. 58Procedure in default of payment
120. 59Authority to bid
121. 60Application to set aside sale of immovable property on deposit
122. 61Application to set aside sale of immovable property on ground of non-service of notice or irregulari
123. 62Setting aside sale where defaulter has no saleable interest
124. V — INCOME OF OTHER PERSONS, INCLUDED IN ASSESSEE'S TOTAL INCOME
125. 63"Transfer" and "revocable transfer" defined
126. XXIII — MISCELLANEOUS
127. 64Return of purchase money in certain cases
128. 65Sale certificate
129. 66Postponement of sale to enable defaulter to raise amount due under certificate
130. 67Fresh proclamation before re-sale
131. VI — AGGREGATION OF INCOME AND SET OFF OR CARRY FORWARD OF LOSS
132. 67AMethod of computing a member's share in income of association of persons or body of individuals
133. XXIII — MISCELLANEOUS
134. 68Bid of co-sharer to have preference
135. 68AAcceptance of property in satisfaction of amount due from the defaulter
136. 68BTime limit for sale of attached immovable property
137. 69Appointment of receiver for business
138. VI — AGGREGATION OF INCOME AND SET OFF OR CARRY FORWARD OF LOSS
139. 69AUnexplained money, etc
140. 69BAmount of investments, etc., not fully disclosed in books of account
141. 69DAmount borrowed or repaid on
142. 70Set off of loss from one source against income from another source under the same head of income
143. XXIII — MISCELLANEOUS
144. 71Powers of receiver
145. VI — AGGREGATION OF INCOME AND SET OFF OR CARRY FORWARD OF LOSS
146. 72AAProvisions relating to carry forward and set-off of accumulated loss and unabsorbed
147. 72ABProvisions relating to carry forward and set off of accumulated loss and unabsorbed depreciation all
148. XXIII — MISCELLANEOUS
149. 73Notice to show cause
150. 74Hearing
151. VI — AGGREGATION OF INCOME AND SET OFF OR CARRY FORWARD OF LOSS
152. 74ALosses from certain specified sources falling under the head "Income from other sources"
153. XXIII — MISCELLANEOUS
154. 75Custody pending hearing
155. 76Order of detention
156. 77Detention in and release from prison
157. 78Release
158. 79Release on ground of illness
159. 80Entry into dwelling house
160. VI — AGGREGATION OF INCOME AND SET OFF OR CARRY FORWARD OF LOSS
161. 80ADeductions to be made in computing total income
162. 80ABDeductions to be made with reference to the income included in the gross total income
163. 80BDefinitions
164. 80CDeduction in respect of life insurance premia, deferred annuity, contributions to provident fund, su
165. 80DDeduction in respect of health insurance premia
166. 80DDDeduction in respect of maintenance including medical treatment of a dependant who is a person with
167. 80EEDeduction in respect of interest on loan taken for residential house property
168. 80GDeduction in respect of donations to certain funds, charitable institutions, etc
169. 80GGDeductions in respect of rents paid
170. 80LADeductions in respect of certain incomes of Offshore Banking Units and International Financial Services Centre
171. 80MM[Deduction in the case of an Indian company in respect of royalties, etc., received from any concern
172. 80N[Deduction in respect of dividends received from certain foreign companies
173. 80PADeduction in respect of certain income of Producer Companies
174. 80QDeduction in respect of profits and gains from the business of publication of books
175. 80QQ[Deduction in respect of profits and gains from the business of publication of books
176. 80RDeduction in respect of remuneration from certain foreign sources in the case of professors, teacher
177. 80RRDeduction in respect of professional income from foreign sources in certain cases
178. XXIII — MISCELLANEOUS
179. 81Prohibition against arrest of women or minors, etc
180. 82Officers deemed to be acting judicially
181. 83Power to take evidence
182. 84Continuance of certificate
183. 85Procedure on death of defaulter
184. 86Appeals
185. 87Review
186. 88Recovery from surety
187. VIII — 2 [REBATES AND RELIEFS]
188. 88C[Rebate of income-tax in case of women below sixty-five years]
189. XXIII — MISCELLANEOUS
190. 89[Penalties
191. 90Subsistence allowance
192. 91Forms
193. X — SPECIAL PROVISIONS RELATING TO AVOIDANCE OF TAX
194. 92Computation of income from international transaction having regard to arm's length price
195. 92AMeaning of associated enterprise
196. 92BMeaning of international transaction
197. 92BAMeaning of specified domestic transaction
198. 92CComputation of arm's length price
199. 92CCAdvance pricing agreement
200. 92CDEffect to advance pricing agreement
201. 92CESecondary adjustment in certain cases
202. 92DMaintenance and keeping of information and document by persons entering into an
203. XXIII — MISCELLANEOUS
204. 93Saving regarding charge
205. 94Continuance of certain pending proceedings and power to remove difficulties
206. X — SPECIAL PROVISIONS RELATING TO AVOIDANCE OF TAX
207. 95Applicability of GeneralAnti-Avoidance Rule
208. 96Impermissible avoidance arrangement
209. 97Arrangement to lack commercial substance
210. 98Consequences of impermissible avoidance arrangement
211. 99Treatment of connected person and accommodating party
212. 100Application of this Chapter
213. 101Framing of guidelines
214. 102Definitions
215. XII — DETERMINATION OF TAX IN CERTAIN SPECIAL CASES
216. 111Tax on accumulated balance of recognised provident fund
217. 111ATax on short-term capital gains in certain cases
218. 112Tax on long-term capital gains
219. 112ATax on longterm capital gains in certain cases
220. 115BTax on profits and gains of life insurance business
221. 115CDefinitions
222. 115ETax on investment income and long-term capital gains
223. 115FCapital gains on transfer of foreign exchange assets not to be charged in certain cases
224. 115GReturn of income not to be filed in certain cases
225. 115HBenefit under Chapter to be available in certain cases even after the assessee becomes resident
226. 115JSpecial provisions relating to certain companies
227. 115JCSpecial provisions for payment of tax by certain persons other than a company
228. 115JDTax credit for alternate minimum tax
229. 115JEApplication of other provisions of this Act
230. 115JGConversion of an Indian branch of foreign company into subsidiary Indian company
231. 115JHForeign company said to be resident in India
232. 115L[Return of income not to be filed in certain cases
233. 115N[Bar of proceedings in certain cases
234. 115PInterest payable for non-payment of tax by domestic companies
235. 115QWhen company is deemed to be in default
236. 115QATax on distributed income to shareholders
237. 115QBInterest payable for non-payment of tax by company
238. 115QCWhen company is deemed to be assessee in default
239. 115RTax on distributed income to unit holders
240. 115SInterest payable for non-payment of tax
241. 115TUnit Trust of India or Mutual Fund to be an assessee in default
242. 115TATax on distributed income to investors
243. 115TBInterest payable for non-payment of tax
244. 115TCSecuritisation trust to be assessee in default
245. 115TEInterest payable for non-payment of tax by trust or institution
246. 115UTax on income in certain cases
247. 115UATax on income of unit holder and business trust
248. 115UBTax on income of investment fund and its unit holders
249. 115VBOperating ships
250. 115VCQualifying company
251. 115VDQualifying ship
252. 115VEManner of computation of income under tonnage tax scheme
253. 115VFTonnage income
254. 115VGComputation of tonnage income
255. 115VHCalculation in case of joint operation, etc
256. 115VIRelevant shipping income
257. 115VJTreatment of common costs
258. 115VKDepreciation
259. 115VLGeneral exclusion of deduction and set off, etc
260. 115VMExclusion of loss
261. 115VNChargeable gains from transfer of tonnage tax assets
262. 115VPMethod and time of opting for tonnage tax scheme
263. 115VQPeriod for which tonnage tax option to remain in force
264. 115VRRenewal of tonnage tax scheme
265. 115VSProhibition to opt for tonnage tax scheme in certain cases
266. 115VTTransfer of profits to Tonnage Tax Reserve Account
267. 115VUMinimum training requirement for tonnage tax company
268. 115VVLimit for charter in of tonnage
269. 115VWMaintenance and audit of accounts
270. 115VXDetermination of tonnage
271. 115WDefinitions
272. 115WACharge of fringe benefit tax
273. 115WBFringe benefits
274. 115WCValue of fringe benefits
275. 115WDReturn of fringe benefits
276. 115WEAssessment
277. 115WGFringe benefits escaping assessment
278. 115WHIssue of notice where fringe benefits have escaped assessment
279. 115WIPayment of fringe benefit tax
280. 115WJAdvance tax in respect of fringe benefits
281. 115WKInterest for default in furnishing return of fringe benefits
282. 115WLApplication of other provisions of this Act
283. XIII — INCOME-TAX AUTHORITIES
284. 117Appointment of income-tax authorities
285. 118Control of income-tax authorities
286. 120Jurisdiction of income-tax authorities
287. 124Jurisdiction of Assessing Officers
288. 129Change of incumbent of an office
289. 131Power regarding discovery, production of evidence, etc
290. 132APowers to requisition books of account, etc
291. 133Power to call for information
292. 133APower of survey
293. 134Power to inspect registers of companies
294. 135Power of
295. 136Proceedings before income-tax authorities to be judicial proceedings
296. 138Disclosure of information respecting assessees
297. XIV — PROCEDURE FOR ASSESSMENT
298. 139BScheme for submission of returns through Tax Return Preparers
299. 139CPower of Board to dispense with furnishing documents, etc., with return
300. 139DFiling of return in electronic form
301. 140Return by whom to be
302. 140ASelf-assessment
303. 142Inquiry before assessment
304. 144APower of
305. 144BAReference to
306. 144CReference to dispute resolution panel
307. 145Method of accounting
308. 145AMethod of accounting in certain cases
309. 145BTaxability of certain income
310. 147Income escaping assessment
311. 148Issue of notice where income has escaped assessment
312. 149Time limit for notice
313. 150Provision for cases where assessment is in pursuance of an order on appeal, etc
314. 152Other provisions
315. 153AAssessment in case of search or requisition
316. 153DPrior approval necessary for assessment in cases of search or requisition
317. 154Rectification of mistake
318. 155Other amendments
319. 156Notice of demand
320. 157Intimation of loss
321. 158Intimation of assessment of firm
322. 158AProcedure when assessee claims identical question of law is pending before High Court or Supreme Court
323. 158AAProcedure when in an appeal by revenue an identical question of law is pending before Supreme Court
324. 158BAAssessment of undisclosed income as a result of search
325. 158BBComputation of undisclosed income of the block period
326. 158BCProcedure for block assessment
327. 158BDUndisclosed income of any other person
328. 158BETime limit for completion of block assessment
329. 158BFCertain interests and penalties not to be levied or imposed
330. 158BGAuthority competent to make the block assessment
331. 158BHApplication of other provisions of this Act
332. 158BIChapter not to apply after certain date
333. XV — LIABILITY IN SPECIAL CASES
334. 159Legal representatives
335. 160Representative assessee
336. 161Liability of representative assessee
337. 162Right of representative assessee to recover tax paid
338. 163Who may be regarded as agent
339. 164Charge of tax where share of beneficiaries unknown
340. 164ACharge of tax in case of oral trust
341. 165Case where part of trust income is chargeable
342. 167Remedies against property in cases of representative assessees
343. 167CLiability of partners of limited liability partnership in liquidation
344. 169Right of executor to recover tax paid
345. 170Succession to business otherwise than on death
346. 171Assessment after partition of a Hindu undivided family
347. 172Shipping business of non-residents
348. 173Recovery of tax in respect of non-resident from his assets
349. 174Assessment of persons leaving India
350. 174AAssessment of association of persons or body of individuals or artificial juridical person
351. 176Discontinued business
352. 177Association dissolved or business discontinued
353. 179Liability of directors of private company in liquidation
354. 180Royalties or copyright fees for literary or artistic work
355. 180AConsideration for know-how
356. XVI — SPECIAL PROVISIONS APPLICABLE TO FIRMS
357. 185Assessment when section 184 not complied with
358. 188Succession of one firm by another firm
359. 188AJoint and several liability of partners for tax payable by firm
360. 189Firm dissolved or business discontinued
361. 189AProvisions applicable to past assessments of firms
362. XVII — COLLECTION AND RECOVERY OF TAX
363. 190Deductionat source and advance payment
364. 191Direct payment
365. 192Salary
366. 192APayment of accumulated balance due to an employee
367. 193Interest on securities
368. 194Dividends
369. 194AInterest other than "Interest on securities"
370. 194BBWinnings from horse race
371. 194CPayments to contractors
372. 194DInsurance commission
373. 194DAPayment in respect of life insurance policy
374. 194EPayments to non-resident sportsmen or sports associations
375. 194EEPayments in respect of deposits under National Savings Scheme, etc
376. 194GCommission, etc., on the sale of lottery tickets
377. 194K[Income in respect of units.]
378. 194LBIncome by way of interest from infrastructure debt fund
379. 195Other sums
380. 195AIncome payable "net of tax"
381. 196Interest or dividend or other sums payable to Government, Reserve Bank or certain corporations
382. 196AIncome in respect of units of non-residents
383. 196BIncome from units
384. 196DIncome of Foreign Institutional Investors from securities
385. 197Certificate for deduction at lower rate
386. 197ANo deduction to be made in certain cases
387. 198Tax deductedis income received
388. 199Credit for tax deducted
389. 200Duty of person deducting tax
390. 200AProcessing of statements of tax deducted at source
391. 201Consequences of failure to deduct or pay
392. 202Deduction only one mode of recovery
393. 203Certificate for tax deducted
394. 203ATax deduction and collection account number
395. 203AAFurnishing of statement of tax deducted
396. 204Meaning of"person responsible for paying"
397. 205Bar against direct demand on assessee
398. 206Persons deducting tax to furnish prescribed returns
399. 206AFurnishing of quarterlyreturn in respect of payment of interest to residents without deduction of ta
400. 206AARequirement to furnish Permanent Account Number
401. 206B[Person paying dividend to certain residents without deduction of tax to furnish prescribed return]
402. 206CProfits and gains from the business of trading in alcoholic liquor, forest produce, scrap, etc
403. 206CBProcessing of statements of tax collected at source
404. 206CCRequirement to furnish Permanent Account number by collectee
405. 207Liability for payment of advance tax
406. 208Conditions of liability to pay advance tax
407. 209A[Computation and payment of advance tax by assessee.]
408. 210Payment of advance tax by the assessee of his own accord or in pursuance of order of Assessing Offic
409. 211Instalments of advance tax and due dates
410. 212[Estimate by assessee.]
411. 213[Commission receipts.]
412. 214Interest payable by Government
413. 215Interest payable by assessee
414. 216Interest payable by assessee in case of under-estimate, etc
415. 217Interest payable by assessee when no estimate made
416. 218When assessee deemed to be in default
417. 219Credit for advance tax
418. 220When tax payable and when assessee deemed in default
419. 221Penalty payable when tax in default
420. 222Certificate to Tax Recovery Officer
421. 223Tax Recovery Officer by whom recovery is to be effected
422. 224Validity of certificate and cancellation or amendment thereof
423. 225Stay of proceedings in pursuance of certificate and amendment or cancellation thereof
424. 226Other modes of recovery
425. 227Recovery through State Government
426. 228[Recovery of Indian tax in Pakistan and Pakistan tax in India.]
427. 229Recovery of penalties, fine, interest and other sums
428. 230Tax clearance certificate
429. 230A[Restrictions on registration of transfers of immovable property in certain
430. 232Recovery by suit or under other law not affected
431. 234BInterest for defaults in payment of advance tax
432. 234DInterest on excess refund
433. 234EFee for default in furnishing statements
434. 234FFee for default in furnishing return of income
435. XVIII — RELIEF RESPECTING TAX ON DIVIDENDS IN CERTAIN CASES
436. 235Relief to shareholders in respect of agricultural income-tax attributable dividends
437. 236Relief to company in respect of dividend paid out of past taxed profits
438. 236ARelief to certain charitable institutions or funds in respect of certain dividends
439. XIX — REFUNDS
440. 237Refunds
441. 238Person entitled to claim refund in certain special cases
442. 239Formof claim for refund and limitation
443. 240Refund on appeal, etc
444. 241AWithholding of refund in certain cases
445. 242Correctness of assessment not to be questioned
446. 243Interest on delayed refunds
447. 244Interest on refund where no claim is needed
448. 244AInterest on refunds
449. 245Set off of refunds against tax remaining payable
450. 245ADefinitions
451. 245BIncome-tax Settlement Commission
452. 245BAJurisdiction and powers of Settlement Commission
453. 245BBVice-Chairman to act as Chairman or to discharge his functions in certain circumstances
454. 245CApplication for settlement of cases
455. 245DProcedure on receipt of an application under section 245C
456. 245DDPower of Settlement Commission to order provisional attachment to protect revenue
457. 245EPower of Settlement Commission to reopen completed proceedings
458. 245FPowers and procedure of Settlement Commission
459. 245GInspection, etc., of reports
460. 245HPower of Settlement Commission to grant immunity from prosecution and penalty
461. 245JRecovery of sums due under order of settlement
462. 245LProceedings before Settlement Commission to be judicial proceedings
463. 245MCertain persons who have filed appeals to the Appellate Tribunal entitled to make applications to th
464. 245NDefinitions
465. 245PVacancies, etc., not to invalidate proceedings
466. 245QApplicationfor advance ruling
467. 245RProcedure on receipt of application
468. 245SApplicability of advance ruling
469. 245TAdvance ruling to be void in certain circumstances
470. 245VProcedure of Authority
471. XX — APPEALSAND REVISION
472. 246AAppealable orders before Commissioner (Appeals)
473. 248Appeal by a person denying liability to deduct tax in certain cases
474. 249Form of appeal and limitation
475. 250Procedure in appeal
476. 251Powers of the
477. 252Appellate Tribunal
478. 252AQualifications, terms and conditions of service of President, Vice-President and Member
479. 253Appeals to the Appellate Tribunal
480. 254Orders of Appellate Tribunal
481. 255Procedure of Appellate Tribunal
482. 256Statement of case to the High Court
483. 257Statement of case to Supreme Court in certain cases
484. 259Case before High Court to be heard by not less than two judges
485. 260Decision of High Court or Supreme Court on the case stated
486. 260AAppeal to High Court
487. 260BCase before High Court to be heard by not less than two Judges
488. 261Appeal to Supreme Court
489. 262Hearing before Supreme Court
490. 263Revision of orders prejudicial to revenue
491. 265Tax tobe paid notwithstanding reference, etc
492. 266Execution for costs awarded by Supreme Court
493. 268Exclusion of time taken for copy
494. 269ADefinitions
495. 269ABRegistration of certain transactions
496. 269CImmovable property in respect of which proceedings for acquisition may be taken
497. 269DPreliminary notice
498. 269EObjections
499. 269FHearing of objections
500. 269GAppeal against order for acquisition
501. 269HAppeal to High Court
502. 269JCompensation
503. 269KPayment or deposit of compensation
504. 269MPowers of competent authority
505. 269NRectification of mistakes
506. 269PStatement to be furnished in respect of transfers of immovable property
507. 269QChapter not to apply to transfers to relatives
508. 269RProperties liable for acquisition under this Chapter not to be acquired under other laws
509. 269RRChapter not to apply where transfer of immovable property made after a certain date
510. 269SChapter not to extend to State of Jammu and Kashmir
511. 269STMode of undertaking transactions
512. 269UCommencement of Chapter
513. 269UADefinitions
514. 269UBAppropriate authority
515. 269UDOrder by appropriate authority for purchase by Central Government of immovable property
516. 269UEVesting of property in Central Government
517. 269UFConsideration for purchase of immovable property by Central Government
518. 269UGPayment or deposit of consideration
519. 269UHRe-vesting of property in the transferor on failure of payment or deposit of consideration
520. 269UIPowers of the appropriate authority
521. 269UJRectification of mistakes
522. 269UKRestrictions on revocation or alteration of certain agreements for the transfer of immovable propert
523. 269ULRestrictions on registration, etc., of documents in respect of transfer of immovable property
524. 269UMImmunity to transferor against claims of transferee for transfer
525. 269UNOrder of appropriate authority to be final and conclusive
526. 269UOChapter not to apply to certain transfers
527. 269UPChapter not to apply where transfer of immovable property effected after certain date
528. XXI — PENALTIES IMPOSABLE
529. 270[Failure to furnish information regarding securities, etc
530. 270APenalty for under-reporting and misreporting of income
531. 270AAImmunity from imposition of penalty, etc
532. 271Failure to furnish returns, comply with notices, concealment of income, etc
533. 271AFailure to keep, maintain or retain books of account, documents, etc
534. 271AAPenalty for failure to keep and maintain information and document, etc., in respect of certain trans
535. 271BFailure to get accounts audited
536. 271BAPenalty for failure to furnish report under section 92E
537. 271BBFailure to subscribe to the eligible issue of capital
538. 271CPenalty for failure to deduct tax at source
539. 271CAPenalty for failure to collect tax at source
540. 271DPenalty for failure to comply with the provisions of section 269SS
541. 271EPenalty for failure to comply with the provisions of section 269T
542. 271FPenalty for failure to furnish return of income
543. 271FAPenalty for failure to furnish
544. 271FBPenalty for failure to furnish return of fringe benefits
545. 271GPenalty for failure to furnish information or document under section 92D
546. 271GAPenalty for failure to furnish information or document under section 285A
547. 271GBPenalty for failure to furnish report or for furnishing inaccurate report under section 286
548. 271HPenalty for failure to furnish statements, etc
549. 271JPenalty for furnishing incorrect information in reports or certificates
550. 272APenalty for failure to answer questions, sign statements, furnish information, returns or statements, allow inspections, etc
551. 272BBPenalty for failure to comply with the provisions of section 203A
552. 273False estimate of, or failure to pay, advance tax
553. 273APower to reduce or waive penalty, etc., in certain cases
554. 273AAPower of
555. 273BPenalty not to be imposed in certain cases
556. 274Procedure
557. 275Bar of limitation for imposing penalties
558. XXII — OFFENCES AND PROSECUTIONS
559. 275AContravention of order made under sub-section (
560. 275BFailure to comply with the provisions of clause (
561. 276Removal, concealment, transfer or delivery of property to thwart tax recovery
562. 276AFailure to comply with the provisions of sub-sections (
563. 276AA[Failure to comply with the provisions of section 269AB or section 269-I]
564. 276BBFailure to pay the tax collected at source
565. 276CWilful attempt to evade tax, etc
566. 276CCFailure to furnish returns of income
567. 276DFailure to produce accounts and documents
568. 276E[Failure to comply with the provisions of section 269T]
569. 277False statement in verification, etc
570. 277AFalsification of books of account or document, etc
571. 278Abetment of false return, etc
572. 278APunishment for second and subsequent offences
573. 278AAPunishment not to be imposed in certain cases
574. 278ABPower of
575. 278BOffences by companies
576. 278COffences by Hindu undivided families
577. 278DPresumption as to assets, books of account, etc., in certain cases
578. 278EPresumption as to culpable mental state
579. 279Prosecution to be at instance of
580. 279ACertain offences to be non-cognizable
581. 279BProof of entries in records or documents
582. 280Disclosure of particulars by public servants
583. 280ASpecial Courts
584. 280BOffences triable by Special Court
585. 280CTrial of offences as summons case
586. 280DApplication of Code of Criminal Procedure, 1973 to proceedings before Special Court
587. XXIII — MISCELLANEOUS
588. 281Certain transfers to be void
589. 281BProvisional attachment to protect revenue in certain cases
590. 282Service of notice generally
591. 282AAuthentication of notices and other documents
592. 282B[Allotment of Document Identification Number]
593. 283Service of notice when family is disrupted or firm, etc., is dissolved
594. 284Service of notice in the case of discontinued business
595. 285Submission of statement by a non-resident having liaison office
596. 285BSubmission of statements by producers of cinematograph films
597. 286Furnishing of report in respect of international group
598. 287Publication of information respecting assessees in certain cases
599. 287AAppearance by registered valuer in certain matters
600. 288Appearance by authorised representative
601. 288BRounding off amount payable and refund due
602. 289Receipt to be given
603. 290Indemnity
604. 291Power to tender immunity from prosecution
605. 292Cognizance of offences
606. 292ASection 360 of the Code of Criminal Procedure, 1973, and the Probation of Offenders Act, 1958, not t
607. 292BReturn of income, etc., not to be invalid on certain grounds
608. 292BBNotice deemed to be valid in certain circumstances
609. 292CPresumption as to assets, books of account, etc
610. 292CCAuthorisation and assessment in case of search or requisition
611. 293Bar of suits in civil courts
612. 293APower to make exemption, etc., in relation to participation in the business of prospecting for, extr
613. 293BPower of Central Government or Board to condone delays in obtaining approval
614. 293CPower to withdraw approval
615. 294Act to have effect pending legislative provision for charge of tax
616. 294APower to make exemption, etc., in relation to certain Union territories
617. 295Power to make rules
618. 297Repeals and savings
619. 298Power to remove difficulties