Laws / Income Tax Law / 126

126 - Penalty for non-compliance with notice

126. Penalty for non-compliance with notice.- Where any person has, without reasonable cause, failed to comply with any notice issued under sections 79, 80 or under sub-section (1) or (2) of section 83 the Deputy Commissioner of Taxes may impose on him a penalty not exceeding the amount of tax chargeable on the t...

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