Rule 121 : Procedure for imposition of fine
(Part XV : Miscellaneous)
No order imposing a fine under sub-section (2) of section 285A shall be made unless the contractor has been given a reasonable opportunity of being heard.
Extra Notes for Readers:
- Rule 121 was omitted by the Income Tax (5th Amendment) Rules, 1989, w.e.f. 18th May 1989
Reference/Source: Check at Income Tax site for latest version of the Rules - link
This page was last updated on 17th October 2016.