Insertion of new section 271H.

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....bsp;"271H. (1) Without prejudice to the provisions of the Act, a person shall be liable to pay penalty, if, he--            (a) fails to deliver or cause to be delivered a statement within the time prescribed in subsection       (3) of section 200 or the proviso to sub-section (3) of section 206C; or   &n....

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....red or cause to be delivered the statement referred to in subsection       (3) of section 200 or the proviso to sub-section (3) of section 206C before the expiry of a period of one year from the time prescribed for delivering or causing to be delivered such statement.       (4) The provisions of this section shall apply to a statement referre....

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....o be delivered or cause to be delivered under sub-section (3) of section 200 or the proviso to sub-section (3) of section 206C. It is further proposed to provide that the penalty referred to in sub-section (1) shall be a sum which shall not be less than ten thousand rupees but which may extend to one lakh rupees. It is also proposed to provide that notwithstanding anything contained in the f....