Section 122C: Penalty for failure to submit return of income electronically

122C. Penalty for failure to submit return of income electronically Any person who is required to submit his return under section 116 (3) and make any payment of tax electronically, but fails to do so, after written notice being given to him by the Director-General, and his failure within a period of 7 days from the date of the notice to justify the failure, shall be liable to pay to the Director-General, a penalty of— (a) 20 per cent of the tax payable, provided that the penalty payable shall not exceed 100,000 rupees; or (b) 5,000 rupees where no tax liability is declared in the return. [S. 122C inserted by s. 18 (zt) of Act 15 of 2006 w.e.f. 1 July 2007 in respect of the year of assessment commencing on 1 July 2007 and in respect of every subsequent year of assessment; amended by s. 17 (z) of Act 17 of 2007 w.e.f. 22 August 2007.] [Issue 9] I5 – 74 Revised Laws of Mauritius