<s>[INST] What is the amount of penalty levied under section 271GA? [/INST] ​​​2% of the value of the transaction in respect of which such failure has taken place, if such transaction had the effect of transferring the right of management or control in relation to the India concern, whether directly or indirectly;
a sum of Rs. 5,00,000 in any other case.​ </s>