TMI BlogPenalty u/s 77(2) of the Finance Act, 1994 - there is no provision for imposition of personal penalty on...Penalty u/s 77(2) of the Finance Act, 1994 - there is no provision for imposition of personal penalty on the director under the Finance Act. - All the liabilities/ responsibilities are of the service provider. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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