https://www.taxtmi.com/manuals?id=3632 The provision prescribes a base penalty of fifty thousand rupees on reporting financial institutions under section 271FAA, plus an additional penalty of five thousand rupees for each reportable account where the statement contains inaccuracies caused by false or inaccurate information provided by the account holder. en-us Thu, 14 Dec 2023 14:46:00 +0530 Thu, 14 Dec 2023 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3632 The provision prescribes a base penalty of fifty thousand rupees on reporting financial institutions under section 271FAA, plus an additional penalty of five thousand rupees for each reportable account where the statement contains inaccuracies caused by false or inaccurate information provided by the account holder. Manuals Income Tax Thu, 14 Dec 2023 14:46:00 +0530 https://www.taxtmi.com/manuals?id=3632