TaxTMI Login
Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Penalty for failure to furnish information return: daily penalty may be imposed up to a statutory cap when notice period lapses.</h1> Penalty for failure to furnish an information return arises where a person required to submit an information return under section 150 does not comply within the period specified in the notice issued under sub section (3). The proper officer may direct imposition of a penalty calculated on a per day basis for the period of continuing default, subject to a statutory maximum cap on the aggregate penalty.
TaxTMI 
TaxTMI 
