Penalty Provisions of Income Tax Act 2058

chapter 23 penalty of Nepalese Income tax Act 2058
section	Default	Fine	Imprisonment
123	No filing of tax returns	5,000 to 30,000	1 to 3 months	or both
124	False retrun filing	40,000 to 160,000	6 months to 2 years	or both
125	unsupportive role in tax department	5,000 to 20,000	1 to 3 months	or both
126	confidencial information leak by tax officer	80000	one year	or both
,,	tax collection by unauthorised persons	80000 to 240000	1 to 3 years	or both
127	supporting for tax evasion by other	50% of sentence to guilty of tax evasion
,,	supporting for tax evasion by tax officer	100% of sentence to guilty of tax evasion
128	no compliance with any provision of Act	5000 to 30,000
	For More Details
	Contact
	Paxton Accounting Consultancy
	Thamel, Nepal
	Tel :9771 4258070, 4249611
	www.paxton.com.np