https://www.taxtmi.com/acts?id=29911 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 that the person shall be liable to pay a penalty for each day during which the failure continues, subject to a statutory cap on the total penalty. en-us Wed, 05 Jul 2017 17:34:49 +0530 Thu, 13 Jul 2017 15:40:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29911 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 that the person shall be liable to pay a penalty for each day during which the failure continues, subject to a statutory cap on the total penalty. Act-Rules GST - States Wed, 05 Jul 2017 17:34:49 +0530 https://www.taxtmi.com/acts?id=29911