Anti Profiteering
Jatin Jindal (41 Points)
22 August 2018
What is the amount of penalty if any assessee found in the case of non compliance of Anti Profiteering rules.
1 Replies
Rakesh Bandal
(Self Employed and Agriculture)
(1349 Points)
Replied 23 August 2018
No specific penalty has been defined by department or in Act also
but as per section written for Anti Profiteering clause penalty will be amount of undue profit which you have earned.
Views of other members expected
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