https://www.taxtmi.com/acts?id=49846 A new provision prescribes a penalty for failure to furnish a report under section 92E. If a person fails to furnish the accountant's report required by section 92E, the Assessing Officer may direct that the person pay a fixed monetary penalty, creating an enforceable compliance mechanism for the transfer pricing reporting obligation effective from 1 April 2002. en-us Tue, 25 Feb 2025 14:30:07 +0530 Tue, 25 Feb 2025 14:30:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49846 A new provision prescribes a penalty for failure to furnish a report under section 92E. If a person fails to furnish the accountant's report required by section 92E, the Assessing Officer may direct that the person pay a fixed monetary penalty, creating an enforceable compliance mechanism for the transfer pricing reporting obligation effective from 1 April 2002. Act-Rules F. Acts / Amendment Acts Tue, 25 Feb 2025 14:30:07 +0530 https://www.taxtmi.com/acts?id=49846