Amendment status not verified — confirm the current text below against the official source.
Liability for failure to furnish a return or submission of incorrect return. Whenever any person liable to pay to tax for any land or building,- (a) Fails to furnish a return as required under section 127 or section 136 or (b) Gives information in such return, which, on verification, is found to be false or incorrect. He shall be liable to pay a penalty of not less than two times, but no more than five times of the tax payable as may be imposed by the Chief Officer of the Municipality.