Section 271D : Penalty for failure to comply with the provisions of section 269SS.

271D.(1) If a person takes or accepts any loan or deposit or specified sum in contravention of the provisions of section 269SS, he shall be liable to pay, by way of penalty, a sum equal to the amount of the loan or deposit or specified sum so taken or accepted.  (2) Any penalty imposable under…

This content is for Annual members only.
Log In Register