Penalty structure amended to impose a minimum plus a daily charge for failures, subject to an overall statutory cap. Amendment to section 19C substitutes the previous penalty wording with language providing that the penalty shall not be less than one lakh rupees but may extend to one lakh rupees for each day during which such failure continues, subject to a maximum of one crore rupees.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Penalty structure amended to impose a minimum plus a daily charge for failures, subject to an overall statutory cap.
Amendment to section 19C substitutes the previous penalty wording with language providing that the penalty shall not be less than one lakh rupees but may extend to one lakh rupees for each day during which such failure continues, subject to a maximum of one crore rupees.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
