Income Tax Penalties Decoded: 234A, 234B, 234C, 234F and 270A 08 Sep 2026 Arpan Bohra and Co Direct Taxes (Income Tax) Comments Off on Income Tax Penalties Decoded: 234A, 234B, 234C, 234F and 270A Income tax interest and penalties explained: sections 234A, 234B, 234C, 234F, 270A and 271B with rates, triggers, a worked example and ways to reduce exposure.