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Penalty under section 271FA shall be levied for failure to file statement of financial transaction or reportable account (previously called asAnnual Information Return). Penalty under section 271FA is Rs. for every day during which the failure continues.

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Penalty under section 271FA shall be levied for failure to file statement of financial transaction or reportable account (previously called asAnnual Information Return). Penalty under section 271FA is Rs. for every day during which the failure continues.






 
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