Mark the correct answer with respect to the IT Act 2000.
1
If any person fails to furnish any document to the controller he shall be liable to a penalty not exceeding one lakh and twenty five thousand rupees
2
If any person fails to furnish any document to the controller he shall be liable to a penalty not exceeding three lakhs and fifty thousand rupees
3
If any person fails to furnish any document to the controller he shall be liable to a penalty not exceeding one lakh and fifty thousand rupees
4
If any person fails to furnish any document to the controller he shall be liable to a penalty not exceeding three lakhs and twenty five thousand rupees