https://www.taxtmi.com/acts?id=20488 Section 271GB establishes penalties enforceable by the prescribed authority for reporting entities under section 286: graduated daily fines for failure to furnish the required report (with a higher rate after one month), daily penalties for failure to produce documents after the notice period, intensified daily penalties after service of a payment order, and a fixed, substantial penalty where inaccurate information is furnished and not timely corrected within fifteen days. en-us Mon, 29 Feb 2016 17:09:57 +0530 Tue, 01 Mar 2016 11:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20488 Section 271GB establishes penalties enforceable by the prescribed authority for reporting entities under section 286: graduated daily fines for failure to furnish the required report (with a higher rate after one month), daily penalties for failure to produce documents after the notice period, intensified daily penalties after service of a payment order, and a fixed, substantial penalty where inaccurate information is furnished and not timely corrected within fifteen days. Act-Rules Bills Mon, 29 Feb 2016 17:09:57 +0530 https://www.taxtmi.com/acts?id=20488