112. Power of Commissioner-General to impose penalty for failure to furnish return

any person fails to comply with a notice in writing given to him a Deputy Commissioner under subsection (7) of section 106 requiring him to furnish, within the time specified in such notice, a return of his income, and if he has a child, the income of such child;

any person fails to furnish within the time specified in subsection (1) of section 106, a return which he is required to furnish under that section;

any employer fails to comply with any requirement of the provisions of section 120; or

any individual fails to furnish within the time specified in sub section (5) of section 106, a return which such individual is required to furnish under that section, the Commissioner-General may—

impose on such person or on such employer, a penalty of a sum not exceeding fifty thousand rupees, and give notice in writing to such person or employer, of the imposition of such penalty; and

by notice in writing require such person or such employer—

to pay such penalty; and

to furnish such return where such return has not been furnished, or to comply with such requirement where such requirement has not been complied with, within such period as may be specified in such notice.