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PENALTY FOR FAILURE TO FURNISH STATEMENT OF FINANCIAL TRANSACTION OR REPORTABLE ACCOUNT - SECTION 271FA

Income Tax - Tax Liability in special Circumstances / Specific Cases - 24 - If a person who is required to furnish a sta .....

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ement] within the time prescribed under sub-section (2) thereof, the income-tax authority prescribed under said sub-sect .....

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such failure continues. Provided that where such person fails to furnish the statement within the period specified in t .....

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