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<h1>Amendment to Section 273B: No Penalties for Section 271H Failures with Reasonable Cause, Effective July 1, 2012.</h1> Clause 100 of the Finance Bill, 2012, amends section 273B of the Income-tax Act to include section 271H, effective from July 1, 2012. Section 273B provides that no penalty shall be imposed on an individual or assessee for failures mentioned if a reasonable cause is proven. The amendment is consequential, adding section 271H to the list of sections where penalties may not be imposed under certain conditions.