https://www.taxtmi.com/acts?id=16011 Substitution of section 271AA expands the penalty scope for persons entering into international transactions to cover failure to keep and maintain required transfer pricing information and documents, failure to report required transactions, and maintenance or furnishing of incorrect information or documents; the Assessing Officer or Commissioner (Appeals) may direct imposition of the penalty tied to the value of each such international transaction. en-us Fri, 16 Mar 2012 17:09:36 +0530 Fri, 16 Mar 2012 17:42:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16011 Substitution of section 271AA expands the penalty scope for persons entering into international transactions to cover failure to keep and maintain required transfer pricing information and documents, failure to report required transactions, and maintenance or furnishing of incorrect information or documents; the Assessing Officer or Commissioner (Appeals) may direct imposition of the penalty tied to the value of each such international transaction. Act-Rules Bills Fri, 16 Mar 2012 17:09:36 +0530 https://www.taxtmi.com/acts?id=16011