Section 117 : Fees to be charged in event of failure to maintain documents or to submit return or income return

1) If any person does not submit the following details, the following charge shall be imposed on him:

a)If the income return of any income year has not been submitted pursuant to sub-section (1) of Section 95, five thousand rupees or 0.10 percent of the assessable amount of income mentioned in the income return, whichever is higher,

b) If any person required to collect advance tax has not submitted the details pursuant to sub-section (9) of Section 95A., such person shall be imposed one and half percent annually of the amount of advance tax to be collected from the date required to make submission till the date of actual submission for each month and the portion of the month,

c) If the income return of any income year is not submitted pursuant to sub-section (1) of Section 96, for the person mentioned in sub-section (4) of Section 4, amount at the rate of one hundred rupees per month and for the other persons, at the rate of 0.1 percent per year of the assessable income drawn out without deducting any amount, if any, that can be deducted and by including any amount, if any, that has to be included in computing the income of any income year or hundred rupees per month, whichever is higher.

2) If any person does not maintain the documents required to be maintained in any income year pursuant to Section 81, a fee in a sum to be set by one and a half percent per year of the assessable income drawn out without deducting any amount, if any, that can be deducted and by including any amount, if any, that has to be included in computing the income of any income year for each month and a portion of the month or a sum set by one thousand rupees per month, whichever is higher, shall be imposed on such a person.

3) If any person withholding tax does not submit the return referred to in sub-section (1) of Section 90, a fee in a sum to be set by one and a half percent per year of the amount of tax to be withheld for each month and a portion of the month from the due date for submission of the return until the date on which such return is submitted shall be imposed on such a person.