Hello everyone,
Its an urgent query...
If any Company violates any provision relating to exemption given under Section 211 what is the penalty?
Are these offences Compoundable?
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Section 211
Replies (1)
Penalty
Imprisonment for a term which may be extended to 6 month or with fine which may extend to Rs. 10,000/- or both
No impriosnment will be awarded unless the offence has been committed wilfully.
Compounding is possible.
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