Fee for failure to deliver prescribed statements or certificates leads to a daily fee payable before compliance. A fee is payable where designated research associations, universities, colleges, institutions, companies or funds fail to deliver prescribed statements or furnish prescribed certificates within prescribed times; the fee accrues daily during the default, must not exceed the amount in respect of which the default occurred, and must be paid before delivering the statement or furnishing the certificate.
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.
Fee for failure to deliver prescribed statements or certificates leads to a daily fee payable before compliance.
A fee is payable where designated research associations, universities, colleges, institutions, companies or funds fail to deliver prescribed statements or furnish prescribed certificates within prescribed times; the fee accrues daily during the default, must not exceed the amount in respect of which the default occurred, and must be paid before delivering the statement or furnishing the certificate.
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 
