https://www.taxtmi.com/acts?id=26540 Where a person required to furnish an information return under section 150 fails to do so within the period specified in the notice under sub section (3), the proper officer may direct payment of a daily penalty of one hundred rupees for each day of continued failure, subject to an overall cap of five thousand rupees; the penalty is triggered by non compliance with the notice period and is directed by the proper officer. en-us Sat, 17 Jun 2017 17:19:53 +0530 Sat, 17 Jun 2017 17:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26540 Where a person required to furnish an information return under section 150 fails to do so within the period specified in the notice under sub section (3), the proper officer may direct payment of a daily penalty of one hundred rupees for each day of continued failure, subject to an overall cap of five thousand rupees; the penalty is triggered by non compliance with the notice period and is directed by the proper officer. Act-Rules GST - States Sat, 17 Jun 2017 17:19:53 +0530 https://www.taxtmi.com/acts?id=26540