State the penalty provisions for failure to furnish information, return and to maintain records under the Information Technology Act, 2000.

Section 44 of the Information Technology Act, 2000 provides the provisions relating to Penalty for failure to furnish information, return, etc. It states: If any person who is required under the Information Technology Act, 2000 or any rules or regulations made thereunder to: furnish any document, return or report to the Controller or the Certifying Authority fails to furnish the same, he shall be liable to a penalty not exceeding one lakh and fifty thousand rupees for each such failure; file any return or furnish any information, books or other documents within the time specified therefor in the regulations fails to file return or furnish the same within the time specified therefor in the regulations, he shall be liable to a penalty not exceeding five thousand rupees for every day during which such failure continues; maintain books of account or records, fails to maintain the same, he shall be liable to a penalty not exceeding ten thousand rupees for every day during which the failure continues.