https://www.taxtmi.com/acts?id=18718 A new obligation requires specified persons and authorities to furnish periodic information returns of registration, account statements or transaction details to a prescribed authority in the prescribed form, manner and time, including electronic filing. The prescribed authority may notify defects and allow rectification within thirty days or extended period; failure to rectify treats the return as not submitted. If the return remains unfurnished, the authority may issue a notice for submission within ninety days and may impose a daily penalty of one hundred rupees for continued failure. en-us Fri, 11 Jul 2014 17:17:24 +0530 Fri, 11 Jul 2014 17:17:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18718 A new obligation requires specified persons and authorities to furnish periodic information returns of registration, account statements or transaction details to a prescribed authority in the prescribed form, manner and time, including electronic filing. The prescribed authority may notify defects and allow rectification within thirty days or extended period; failure to rectify treats the return as not submitted. If the return remains unfurnished, the authority may issue a notice for submission within ninety days and may impose a daily penalty of one hundred rupees for continued failure. Act-Rules Bills Fri, 11 Jul 2014 17:17:24 +0530 https://www.taxtmi.com/acts?id=18718