What is the penalty for non-compliance with a notice?


A person who, without reasonable excuse, fails to comply with any notice served on the person under section 116 or 176 shall be liable for a penalty equal to:
  • In the case of the first failure, two thousand rupees;
  • In the case of a second failure, five thousand rupees; or
  • In the case of a third and subsequent failure, ten thousand rupees.
Where a person liable for a penalty under sub-section (1) has an assessed tax liability for the tax year in which the failure occurred of less than twenty thousand rupees, the amount of the penalty imposed under subsection (1) shall be reduced by seventy-five percent.
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