1If any eligible investment fund which is required to furnish a statement or
any information or document, as required under sub-section (5) of section 9A
fails to furnish such statement or information or document within the time
prescribed under that sub-section, the income-tax authority prescribed under the
said sub-section may direct that such fund shall pay, by way of penalty, a sum
of five hundred thousand rupees.
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1. Ins. by Act 20 of 2015, s. 73 (w.e.f. 1-4-2016).
Section 271C Penalty for failure to deduct tax at source
Section 271CA Penalty for failure to collect tax at source
Section 271D Penalty for failure to comply with the provisions of section 269SS
Section 271DA Penalty for failure to comply with provisions of section 269ST
Section 271E Penalty for failure to comply with the provisions of section 269T
Section 271F Penalty for failure to furnish return of income
Section 271FA Penalty for failure to furnish statement of financial transaction or reportable income
Section 271FB Penalty for failure to furnish return of fringe benefits