TMI BlogWhen penalty under Section 271FAA may be imposed?X X X X Extracts X X X X X X X X Extracts X X X X ..... FAA may be imposed if any person provides inaccurate information in the Statement of Financial Transaction or Reportable Account under Section 285BA . The penalty may be levied if: a. T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing the statement but he fails to inform and furnish correct information within 10 days. - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management In ..... X X X X Extracts X X X X X X X X Extracts X X X X
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