https://www.taxtmi.com/forum/issue?id=107082 Section 15A empowers the Central Government to prescribe authorities or agencies to receive information returns from specified persons, enabling collection of data to identify tax evasion or recover dues; section 15B provides for imposition of penalties if the prescribed information return is not submitted. The amendment is explained as applying to designated recipients such as tax and regulatory authorities, and commentators confirm the power to require information is not confined to return rectification and may attract penalties on non submission. en-us Fri, 25 Jul 2014 10:21:46 +0530 Thu, 23 Jan 2025 15:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107082 Section 15A empowers the Central Government to prescribe authorities or agencies to receive information returns from specified persons, enabling collection of data to identify tax evasion or recover dues; section 15B provides for imposition of penalties if the prescribed information return is not submitted. The amendment is explained as applying to designated recipients such as tax and regulatory authorities, and commentators confirm the power to require information is not confined to return rectification and may attract penalties on non submission. Discussion-Forum Central Excise Fri, 25 Jul 2014 10:21:46 +0530 https://www.taxtmi.com/forum/issue?id=107082