https://www.taxtmi.com/acts?id=35043 Amendment to section 197 omits subsection (7) and substitutes subsection (15) to prescribe a penalty regime: a specified monetary sanction for a person who defaults in complying with the section and a higher specified monetary sanction where the default is by a company, thereby distinguishing individual and corporate liability for non-compliance. en-us Mon, 14 Jan 2019 14:21:43 +0530 Fri, 02 Aug 2019 12:00:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35043 Amendment to section 197 omits subsection (7) and substitutes subsection (15) to prescribe a penalty regime: a specified monetary sanction for a person who defaults in complying with the section and a higher specified monetary sanction where the default is by a company, thereby distinguishing individual and corporate liability for non-compliance. Act-Rules F. Acts / Amendment Acts Mon, 14 Jan 2019 14:21:43 +0530 https://www.taxtmi.com/acts?id=35043