1[108B. Penalty for failure to furnish information return.--Where the person who is required to
furnish information under section 108A fails to do so within the period specified in the notice issued
under sub-section (3) thereof, the proper officer may direct such person to pay, by way of penalty, a sum
of one hundred rupees for each day of the period during which the failure to furnish such information
continue.]
1. Ins. by Act 18 of 2017, s. 3 (w.e.f. 4-5-2017).