Section Text
1) of section 102, he may direct that such person shall pay, by way of penalty, in addition to any securities transaction tax and interest, if any, payable by him, a sum of ten thousand rupees for each such failure.
Finance (No.2) Act, 2004 Section 107
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About this section
Finance (No.2) Act, 2004 Section 107 is part of Finance (No.2) Act, 2004 - Penalty for failure to comply with notice: If the Assessing Officer in the course of any proceedings under this Chapter. Read the section text below and explore Indian court judgments that cite it.
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Frequently asked questions
What does Finance (No.2) Act, 2004 Section 107 provide?
Section Section 107 of the Finance (No.2) Act, 2004 (Penalty for failure to comply with notice: If the Assessing Officer in the course of any proceedings under this Chapter) is reproduced on this page as part of the Finance (No.2) Act, 2004. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.
How do I find judgments on Finance (No.2) Act, 2004 Section 107?
Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance (No.2) Act, 2004 Section 107. Advanced act search can narrow results by court, year, or additional act filters.
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