https://www.taxtmi.com/acts?id=48903 Penalty regime for reporting under section 511 establishes escalating daily penalties for a reporting entity that fails to furnish required reports or to produce requested information and documents, with a higher daily penalty triggered if non compliance continues after service of a penalty order. Separate fixed penalties apply where an entity furnishes inaccurate information and either knew of the inaccuracy at filing, fails to correct after discovery within a short period, or provides inaccurate material in response to a notice. en-us Fri, 14 Feb 2025 14:11:36 +0530 Fri, 14 Feb 2025 14:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48903 Penalty regime for reporting under section 511 establishes escalating daily penalties for a reporting entity that fails to furnish required reports or to produce requested information and documents, with a higher daily penalty triggered if non compliance continues after service of a penalty order. Separate fixed penalties apply where an entity furnishes inaccurate information and either knew of the inaccuracy at filing, fails to correct after discovery within a short period, or provides inaccurate material in response to a notice. Act-Rules Bills Fri, 14 Feb 2025 14:11:36 +0530 https://www.taxtmi.com/acts?id=48903