law: Expenditure-Tax Act, 1987 
  16. Penalty for failure to furnish prescribed
  
  return 
  If a person fails to furnish in due time the
  
  return which he is required to furnish under sub-section (1) of section, 8 or
  
  by notice given under sub-section (2) of that section, he shall pay, by way of
  
  penalty, a sum which shall not be less than one hundred rupees, but which may
  
  extend to two hundred rupees for every day during which the failure continues.