Section – 271FAB : Penalty for failure to furnish statement or information or document by an eligible investment fund
March 7, 2018
Section – 271G : Penalty for failure to furnish information or document under section 92D
March 7, 2018

Section – 271FB : Penalty for failure to furnish return of fringe benefits

271FB. If an employer, who is required to furnish a return of fringe benefits, as required under sub-section (1) of section 115WD, fails to furnish such return within the time prescribed under that sub-section, the Assessing Officer may direct that such employer shall pay, by way of penalty, a sum of one hundred rupees for every day during which the failure continues.

Leave a Reply

Your email address will not be published. Required fields are marked *

27 − 21 =

Stay Connected

Never miss out on what’s new in GST,
Accounting, TDS, and Tax compliance.

Subscribe to our newsletter.

Connect with us on WhatsAapp.

Want to know more about HostBooks?

We'll help you out!

+ 55 = 60
Please contact me by: