Penalty for failure to furnish information or for furnishing inaccurate information on transaction of crypto-asset

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....ransaction of a crypto-asset under section 509(1), fails to furnish such statement within the time prescribed under the said section, the prescribed income-tax authority under that section may impose on him, a penalty of Rs. 200 for every day for which such failure continues. (2) The prescribed income-tax authority may impose a penalty of Rs. 50000 on a person referred in sub-section (1), if su....