Information return compliance requires prescribed entities to furnish records, cure defects within time, and respond to statutory notices. Specified persons and entities responsible for maintaining records of registration, accounts, tax payments, or transactions in goods, services, electricity, bank accounts, or property-related dealings must furnish an information return for the prescribed periods, in the prescribed form and manner, to the prescribed authority or agency. If the return is found defective, the defect may be intimated and time given for rectification; failure to rectify within the allowed time causes the return to be treated as not furnished. If the return is not furnished within the prescribed time, notice may be issued requiring it to be furnished within a period not exceeding ninety days.