PENALTY U/S 272BB FOR INVALID /WRONG PAN NO

Chinmay Sahu (Finance Analyst) (51 Points)

20 July 2010  

Dear All,

               I want to know the maximum penality u/s 272BB for invalid / wrong PAN No or PAN No. is not given in the quaterly statement filed by a company. Whether the penality is one time or it will be paid quaterly/yearly.