71[Penalty for failure to comply with the provisions of section 269SS.
271D. 72[(1)] If a person takes or
accepts any loan or deposit in contravention of the provisions of section 269SS, he shall be liable to pay, by way of
penalty, a sum equal to the amount of the loan or deposit so taken or
accep-ted.]
73[(2) Any penalty
imposable under sub-section (1) shall be imposed by the 74[Joint] Commissioner.]