Section 73A(2) in The Stamp Act, 1977 (1920 A. D.)
(2)Where any trading member, organization, institute company association or any other person fails to submit a statement or return or information as required under sub-section (1) within the prescribed time, the Collector, may without prejudice to any other action which is liable to be taken against such person under any other provisions of this Act, after giving an opportunity of being heard, impose on such person a penalty of a sum not exceeding rupees five thousand for such default.
