Section 26
Punishment For Breach Of The Provisions Of The Act Or The Rules
26. Punishment for Breach of the Provisions of the Act or the Rules: Except for any act punishable under Section 24 and 25, any person, firm, company, bank, financial or other institutions responsible for any breach of the provisions of this Act or the Rules made thereunder shall be punishable by an order of the Tax Officer with a fine upto the maximum of One Thousand Rupees.