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    <title>Penalty for furnishing incorrect information in reports or certificates.</title>
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    <description>A penalty is prescribed for any accountant, merchant banker or registered valuer who furnishes incorrect information in a report or certificate under the Act or rules; the penalty applies to each incorrect report or certificate and is payable on directions of the Assessing Officer or the appellate tax authorities when such inaccuracy is found during proceedings under the Act.</description>
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