Securities transaction tax: failure to file prescribed return incurs Rs100 per day penalty until filing. Failure to furnish the prescribed return required under section 101 (including returns required by notice under sub section (2)) results in a penalty of ... Summary
Securities transaction tax: failure to file prescribed return incurs Rs100 per day penalty until filing.
Failure to furnish the prescribed return required under section 101 (including returns required by notice under sub section (2)) results in a penalty of one hundred rupees for every day during which the failure continues.
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