https://www.taxtmi.com/acts?id=31822 The amendment raises the daily penalty for failure to furnish the statement of financial transaction or reportable account and likewise increases the higher daily penalty that applies where the statement is not furnished within the period specified in a statutory notice; the increased per-day penalties apply prospectively from the commencement of the specified financial year. en-us Thu, 01 Feb 2018 17:17:15 +0530 Thu, 01 Feb 2018 17:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31822 The amendment raises the daily penalty for failure to furnish the statement of financial transaction or reportable account and likewise increases the higher daily penalty that applies where the statement is not furnished within the period specified in a statutory notice; the increased per-day penalties apply prospectively from the commencement of the specified financial year. Act-Rules Bills Thu, 01 Feb 2018 17:17:15 +0530 https://www.taxtmi.com/acts?id=31822