https://www.taxtmi.com/acts?id=53702 Section 186 is amended to exclude sub-sections (9) and (10) from the saving clause in sub-section (13) and to insert a new penalty provision for contravention of those sub-sections. The amendment imposes a penalty on the company for breach of sub-section (9) or (10), with an additional daily penalty for continuing contravention subject to a maximum, and also imposes a separate penalty on every officer in default, with an additional daily penalty for continuing default subject to a maximum. en-us Tue, 24 Mar 2026 14:47:50 +0530 Tue, 24 Mar 2026 14:47:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53702 Section 186 is amended to exclude sub-sections (9) and (10) from the saving clause in sub-section (13) and to insert a new penalty provision for contravention of those sub-sections. The amendment imposes a penalty on the company for breach of sub-section (9) or (10), with an additional daily penalty for continuing contravention subject to a maximum, and also imposes a separate penalty on every officer in default, with an additional daily penalty for continuing default subject to a maximum. Act-Rules Bills Tue, 24 Mar 2026 14:47:50 +0530 https://www.taxtmi.com/acts?id=53702