https://www.taxtmi.com/acts?id=21646 A person required to furnish an information return under section 117 who fails to do so within the period specified in the notice under sub section (3) may be directed by the prescribed authority to pay a penalty calculated daily for the period during which the failure continues. en-us Wed, 15 Jun 2016 15:30:25 +0530 Wed, 15 Jun 2016 15:30:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21646 A person required to furnish an information return under section 117 who fails to do so within the period specified in the notice under sub section (3) may be directed by the prescribed authority to pay a penalty calculated daily for the period during which the failure continues. Act-Rules Bills Wed, 15 Jun 2016 15:30:25 +0530 https://www.taxtmi.com/acts?id=21646