Penalty proviso amendment adds tax declaration and certificate compliance requirements under the penalty provision. The amendment adds a declaration under the withholding regime and a certificate for tax deduction at source to the proviso of the penalty provision in ... Summary
Penalty proviso amendment adds tax declaration and certificate compliance requirements under the penalty provision.
The amendment adds a declaration under the withholding regime and a certificate for tax deduction at source to the proviso of the penalty provision in section 272A, thereby subjecting those documentary requirements to the proviso's penal consequences, with effect from the commencement date in the amending Act.
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