https://www.taxtmi.com/acts?id=6544 Assessing Officers and Commissioners (Appeals), upon being satisfied that a person has concealed or furnished inaccurate particulars of chargeable interest, may direct a penalty in addition to interest-tax payable; the penalty is determined by reference to the interest-tax sought to be evaded on account of such concealment or inaccurate particulars and is subject to the statute's prescribed minimum and maximum bounds. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6544 Assessing Officers and Commissioners (Appeals), upon being satisfied that a person has concealed or furnished inaccurate particulars of chargeable interest, may direct a penalty in addition to interest-tax payable; the penalty is determined by reference to the interest-tax sought to be evaded on account of such concealment or inaccurate particulars and is subject to the statute's prescribed minimum and maximum bounds. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6544