Failure to furnish returns may attract imprisonment and continuing daily fines under the tax code's compliance provisions. Failure to furnish required returns, statements or reports attracts criminal sanction including rigorous imprisonment (up to two years) and a daily ... Summary
Failure to furnish returns may attract imprisonment and continuing daily fines under the tax code's compliance provisions.
Failure to furnish required returns, statements or reports attracts criminal sanction including rigorous imprisonment (up to two years) and a daily monetary penalty for each day of default, where the offence arises from non-submission in due time or after receipt of a notice; criminal liability does not apply if the return, statement or report has been voluntarily furnished.
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