TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 276AA of Income-tax Act Removed: No More Imprisonment for Non-Compliance with Sections 269AB or 269I</h1> Section 276AA of the Income-tax Act, 1961, which previously prescribed punishment for failure to comply with sections 269AB or 269I, has been omitted effective from October 1, 1986. Before its omission, it imposed rigorous imprisonment up to two years and a fine for non-compliance without reasonable cause, with a minimum imprisonment of six months unless special reasons were recorded by the court. This provision was inserted in 1982 and later removed by the Finance Act, 1986.
TaxTMI 
TaxTMI 
