# 46    Punishment for contravention in relation to failure to furnish information, declaration or return

Any person who being required by or under this Act to furnish any--

(a) information;

(b) declaration; or

(c) return,

fails to furnish such information, declaration or return shall be punishable with fine which may extend to one lakh rupees, and in the case of continuing default, with a further fine which may extend to one lakh rupees for every day during which such default continues after conviction for the first such default, or with imprisonment for a term which may extend to three years, or with both.