https://www.taxtmi.com/acts?id=52004 Failure by an Indian concern to furnish information or documents required under section 506 may attract a penalty directed by the prescribed income-tax authority: where the failure concerns a transaction effecting transfer of management or control, a penalty calculated as a percentage of the transaction value; otherwise a fixed penalty sum. en-us Thu, 14 Aug 2025 18:31:24 +0530 Mon, 08 Sep 2025 15:04:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52004 Failure by an Indian concern to furnish information or documents required under section 506 may attract a penalty directed by the prescribed income-tax authority: where the failure concerns a transaction effecting transfer of management or control, a penalty calculated as a percentage of the transaction value; otherwise a fixed penalty sum. Act-Rules Income Tax Thu, 14 Aug 2025 18:31:24 +0530 https://www.taxtmi.com/acts?id=52004