alleryStart learning →What fine range applies to a defaulting officer under section 76A?
ARs 1 crore to Rs 10 crore
BRs 50 lakh to Rs 5 crore
CRs 5 lakh to Rs 50 lakh
DRs 25 lakh to Rs 2 crore
Answer & Solution
Correct answer: D. Rs 25 lakh to Rs 2 crore
The officer's fine runs from twenty-five lakh rupees up to two crore rupees, imposed along with imprisonment.
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