https://www.taxtmi.com/acts?id=55983 Intermediaries must preserve and retain information specified by the Central Government for the prescribed duration and in the prescribed manner and format. Intentional or knowing non-compliance with these preservation and retention requirements attracts a monetary penalty that may extend to twenty-five lakh rupees. The current penalty formulation replaced the earlier consequence of imprisonment and fine. en-us Thu, 24 Sep 2026 17:21:27 +0530 Tue, 06 Oct 2026 14:41:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55983 Intermediaries must preserve and retain information specified by the Central Government for the prescribed duration and in the prescribed manner and format. Intentional or knowing non-compliance with these preservation and retention requirements attracts a monetary penalty that may extend to twenty-five lakh rupees. The current penalty formulation replaced the earlier consequence of imprisonment and fine. Act-Rules Indian Laws Thu, 24 Sep 2026 17:21:27 +0530 https://www.taxtmi.com/acts?id=55983