Investment Funds Risk Penalty for Missing Form 3CEK Deadline Under Section 271FAB of Income Tax Act
Penalty under Section 271FAB of the Income Tax Act may be imposed on an eligible investment fund if it fails to submit a statement in Form 3CEK. This statement must include information regarding the fulfillment of conditions specified under Section 9A or any other required information or document, and it must be submitted within the prescribed time limit.
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