The Business Profits Act, 1947.
21. Failure to deliver returns or statements.-
If any person fails, without
reasonable cause or excuse, to furnish in due time any return or statement, or
to produce, or cause to be produced, any accounts or documents required to be
produced under section 11, he shall be punishable with fine which may extend to five hundred rupees, and with a
further fine which may extend to fifty rupees for every day during which the
default continues.