Section 116: Penalty for non-submission of return by due date

116. Penalty for non-submission of return by due date Where a person fails to submit a return under section 60 (1A) or 115 on or before the last day on which the return is required to be submitted, he shall be liable to pay to the Director-General, in addition to any duty, levy, tax or sum due which may be payable, a penalty of 2,000 rupees for every month or part of the month until the return for the relevant period is submitted, provided that the total penalty payable shall not exceed 20,000 rupees. (S. 116 came into operation on 6 December 2007.) [S. 116 amended by s. 10 (n) of Act 26 of 2012 w.e.f. 22 December 2012; s. 25 (r) of Act 18 of 2016 w.e.f. 1 October 2016.] G2 – 57 [Issue 9] Gambling Regulatory Authority Act