https://www.taxtmi.com/acts?id=32631 The amendment makes every promoter, director, manager or other key managerial personnel in default personally liable to a penalty equal to the higher of a prescribed baseline amount or a multiple of the benefit accruing to the defaulting individual or any of their relatives, without prejudice to related subsection obligations. en-us Sat, 03 Nov 2018 14:37:05 +0530 Mon, 14 Jan 2019 15:36:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32631 The amendment makes every promoter, director, manager or other key managerial personnel in default personally liable to a penalty equal to the higher of a prescribed baseline amount or a multiple of the benefit accruing to the defaulting individual or any of their relatives, without prejudice to related subsection obligations. Act-Rules F. Acts / Amendment Acts Sat, 03 Nov 2018 14:37:05 +0530 https://www.taxtmi.com/acts?id=32631