Any assessee who, without sufficient cause, fails to
comply with any of the provisions of this Act or the rules
made thereunder shall, on conviction, be punished with fine
which shall not be less than five hundred rupees but shall
not exceed five thousand rupees, and, when the offence is a
continuing one, with fine which shall not be less than ten
rupees but shall not exceed fifty rupees per day during the
period of the continuance of the offence.