https://www.taxtmi.com/acts?id=17276 Where the Assessing Officer is satisfied that an assessee has failed to comply with a notice under subsection (1) of section 111 in proceedings under the Chapter, the officer may direct that the assessee pay, in addition to any commodities transaction tax and interest, a fixed monetary penalty for each such failure. en-us Fri, 01 Mar 2013 19:28:55 +0530 Sat, 02 Mar 2013 13:27:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17276 Where the Assessing Officer is satisfied that an assessee has failed to comply with a notice under subsection (1) of section 111 in proceedings under the Chapter, the officer may direct that the assessee pay, in addition to any commodities transaction tax and interest, a fixed monetary penalty for each such failure. Act-Rules Bills Fri, 01 Mar 2013 19:28:55 +0530 https://www.taxtmi.com/acts?id=17276