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

Clause 18 - Bills - AMENDMENTS TO THE INDIAN STAMP ACT, 1899 - FINANCE BILL, 2019 - Clause 18 - Insertion of new section 62A. 18. After section 62 of the principal Act, the following section shall be inserted, namely:- Penalty for failure to comply w .....

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nsfer so defaulted. (2) Any person who,- (a) being required under sub-section (5) of section 9A to submit details of transactions to the Government, fails to submit the same; or (b) submits a document or makes a declaration which is false or which su .....

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