TMI BlogPenalty for other defaults.X X X X Extracts X X X X X X X X Extracts X X X X ..... ocuments in accordance with the rules made thereunder; (b) get his accounts audited in respect of any financial year or obtain and furnish a report of such audit as required by section 88; (c) deduct the whole, or any part, of the tax as required by the provisions of Sub-chapter A of Chapter XIII; (d) collect the whole, or any part, of the tax as required by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t or documents at the place or time, if he is required to attend or to give evidence or produce books of account or other documents, at certain place and time in response to summons issued under sub-section (1) of section 134; (m) furnish in time the return of tax deduction as required under section 198; (n) furnish in time the return of tax collection as required under secti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... formation return as required by section 295. (2) The penalty referred to in sub-section (1) shall be any sum— (a) which shall not be less than fifty thousand rupees but which shall not exceed two lakh rupees, in the cases referred to in clause (a) or clause (b) of subsection (1); (b) which shall not be less than twenty-five per cent. but which shall not exceed the amount, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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