Failure to provide prescribed electronic payment facility triggers a daily penalty under Section 271DB under income tax law. Where a person fails to provide the facility for accepting payment through prescribed electronic modes as required, he shall be liable to a penalty under ... Summary
Failure to provide prescribed electronic payment facility triggers a daily penalty under Section 271DB under income tax law.
Where a person fails to provide the facility for accepting payment through prescribed electronic modes as required, he shall be liable to a penalty under Section 271DB of the income tax provisions, imposed as a specified amount for every day during which such failure continues.
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