https://www.taxtmi.com/acts?id=50945 Substitutes section 17A to impose penalties for refusal to answer questions, sign required statements, or attend and produce books or documents in response to a summons, with a reasonable-cause exception for failure to attend or produce. It also prescribes a daily penalty for failure to furnish statements or information required by the Assessing Officer, subject to reasonable cause. Penalty imposition is allocated to appropriate gift-tax authorities or to the Deputy Director/Deputy Commissioner, and no order may be made without hearing or reasonable opportunity to be heard. "Gift-tax authority" is defined to include specified officers when exercising civil court powers under section 36(1). en-us Thu, 17 Apr 2025 14:36:22 +0530 Thu, 17 Apr 2025 14:36:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50945 Substitutes section 17A to impose penalties for refusal to answer questions, sign required statements, or attend and produce books or documents in response to a summons, with a reasonable-cause exception for failure to attend or produce. It also prescribes a daily penalty for failure to furnish statements or information required by the Assessing Officer, subject to reasonable cause. Penalty imposition is allocated to appropriate gift-tax authorities or to the Deputy Director/Deputy Commissioner, and no order may be made without hearing or reasonable opportunity to be heard. "Gift-tax authority" is defined to include specified officers when exercising civil court powers under section 36(1). Act-Rules F. Acts / Amendment Acts Thu, 17 Apr 2025 14:36:22 +0530 https://www.taxtmi.com/acts?id=50945