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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Penalty Rs.10,000-Rs.100,000 for research, university, college or similar institutions failing to furnish prescribed documents or certificates</h1> The Assessing Officer may levy a penalty between Rs.10,000 and Rs.100,000 where a research association, university, college or similar institution fails to furnish prescribed documents under the referenced provision, or where an institution or fund fails to deliver a required statement within the prescribed time or to furnish a prescribed certificate; the penalty range is mandatory floor of Rs.10,000 and discretionary up to Rs.100,000.
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