Penalty provision amended: removal of 'without reasonable cause' from section 271B changes fault-language for penalty imposition. Amendment removes the words "without reasonable cause," from section 271B of the Income-tax Act, 1961, excising the reasonable cause phrasing while ... Summary
Penalty provision amended: removal of 'without reasonable cause' from section 271B changes fault-language for penalty imposition.
Amendment removes the words "without reasonable cause," from section 271B of the Income-tax Act, 1961, excising the reasonable cause phrasing while leaving the remainder of the penalty provision intact.
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