Insertion of new section 271FAB- Penalty for failure to furnish statement or information or document by an eligible investment fund

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..... CT, 2015 - Act-Rules - Insertion of new section 271FAB 73. After section 271FAA of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2016, namely .....

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..... thority prescribed under the said sub-section may direct that such fund shall pay, by way of penalty, a sum of five hundred thousand rupees. . - - statute, statutory provisions legislation, law, e .....

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