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    <title>Penalty for failure to comply with notice.</title>
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    <description>Where the Assessing Officer in proceedings under this Chapter is satisfied that an assessee has failed to comply with a notice under sub section (1) of section 103, he may require payment of a penalty in addition to any commodities transaction tax and interest, imposed on a per day basis for the duration of the failure.</description>
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      <description>Where the Assessing Officer in proceedings under this Chapter is satisfied that an assessee has failed to comply with a notice under sub section (1) of section 103, he may require payment of a penalty in addition to any commodities transaction tax and interest, imposed on a per day basis for the duration of the failure.</description>
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