Penalty for failure to comply with provisions of section 187. https://www.taxtmi.com/acts?id=51997 The Assessing Officer may impose a penalty of Rs.5000 for every day of the duration of failure where a person fails to provide a facility for accepting payments through the prescribed electronic modes referred to in section 187. en-us Thu, 14 Aug 2025 18:29:52 +0530 Mon, 08 Sep 2025 14:54:44 +0530 TaxTMI RSS Generator Penalty for failure to comply with provisions of section 187. https://www.taxtmi.com/acts?id=51997 The Assessing Officer may impose a penalty of Rs.5000 for every day of the duration of failure where a person fails to provide a facility for accepting payments through the prescribed electronic modes referred to in section 187. Act-Rules Income Tax Thu, 14 Aug 2025 18:29:52 +0530 https://www.taxtmi.com/acts?id=51997