Section 271J Income Tax Penalty on professionals for furnishing incorrect information to income tax dept w.e.f 01.04.2017
Penalty on professionals for furnishing incorrect information in statutory report or certificate -section 271J of Income tax Act Summary: Section 271J Income Tax As per Finance Bill 2017 w.e.f 01.04.2017 i.e FY 2017-18 (AY 2018-19) , if an accountant or a merchant banker or a registered valuer, furnishes incorrect information in a report or certificate… Read More »