https://www.taxtmi.com/acts?id=23287 Where a person required to furnish an information return under section 139 fails to do so within the period specified in the notice under sub section (3), the prescribed authority may direct payment of a penalty assessed for each day during which the failure continues. en-us Mon, 28 Nov 2016 12:20:46 +0530 Tue, 29 Nov 2016 12:29:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23287 Where a person required to furnish an information return under section 139 fails to do so within the period specified in the notice under sub section (3), the prescribed authority may direct payment of a penalty assessed for each day during which the failure continues. Act-Rules Bill Mon, 28 Nov 2016 12:20:46 +0530 https://www.taxtmi.com/acts?id=23287