Insertion of new section 62A - Penalty for failure to comply with provisions of section 9A

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..... section 62A. 18. After section 62 of the principal Act, the following section shall be inserted, namely:-- Penalty for failure to comply with provisions of section 9A. "62A. (1) Any person who, .....

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..... xtend up to one per cent. of the collection or transfer so defaulted. (2) Any person who,-- (a) being required under sub-section (5) of section 9A to submit details of transactions to the Government .....

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