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Penalty for failure to comply with the provisions of section 269SS
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.... section 269SS. 271D. 2[(1)] If a person takes or accepts any loan or deposit 5[or specified sum] in contravention of the provisions of section 269SS, he shall be liable to pay, by way of penalty, a ....
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....8 of the Direct Tax Laws (Amendment) Act, 1987 w.e.f. 01-04-1989 2. Numbered vide Section 45 of the Finance Act, 1990 w.e.f. 01-04-1990 3. Inserted vide Section 45 of the Finance Act, 19....
TaxTMI
TaxTMI