271E. Penalty for failure to comply with the provisions of section 269T. — (1) If a person repays any loan or deposit or specified advance referred to in section 269T otherwise than in accordance with the provisions of that section, he shall be liable to pay, by way of penalty, a sum equal to the amount of the loan or deposit or specified advance so repaid.

(2) Any penalty imposable under sub-section (1) shall be imposed by the Joint Commissioner.

Services

What We Offer

Legal Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local se....

Read More

Insurance Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local ....

Read More

Digital Signature

 

Digital Signatures in India - Simple, Speedy and Secure!

Experience ....

Read More

Finance Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local ....

Read More

REQUEST A CALL BACK