TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Penalties for Non-Compliance with Information Notices under Section 94(6) of the Income-tax Act Removed</h1> Under the Income-tax Act, 1961, failure to comply with a notice requiring information about securities can result in penalties. Previously, if a person did not furnish the requested information under section 94(6), the tax officer could impose a penalty up to five hundred rupees, with an additional daily penalty of the same amount for continued non-compliance. However, these provisions have been omitted and are no longer in force following amendments made in 1986 and 1989.
TaxTMI 
TaxTMI 
