https://www.taxtmi.com/acts?id=39138 Section 446B creates a reduced penalty regime for One Person Company, small company, start up company and Producer Company and for any officer in default or other person in respect of such companies, limiting liability to not more than one half of the penalty otherwise prescribed and subject to specified maximum monetary caps; it defines Producer Company and start up company for the section and operates as an exception to other penalty provisions of the Act. en-us Wed, 30 Sep 2020 13:32:57 +0530 Wed, 30 Sep 2020 13:32:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39138 Section 446B creates a reduced penalty regime for One Person Company, small company, start up company and Producer Company and for any officer in default or other person in respect of such companies, limiting liability to not more than one half of the penalty otherwise prescribed and subject to specified maximum monetary caps; it defines Producer Company and start up company for the section and operates as an exception to other penalty provisions of the Act. Act-Rules F. Acts / Amendment Acts Wed, 30 Sep 2020 13:32:57 +0530 https://www.taxtmi.com/acts?id=39138