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>Amendment to Section 17 of Black Money Act Expands Commissioner (Appeals) Powers on Penalty Orders Effective September 2019</h1> Clause 197 of the Finance (No. 2) Bill, 2019 proposes an amendment to section 17 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. The amendment modifies sub-section (1), clause (b), allowing the Commissioner (Appeals) not only to confirm or cancel penalty orders but also to vary them by enhancing or reducing the penalty. This change is effective from September 1, 2019, expanding the powers of the Commissioner (Appeals) in handling penalty orders under the Act.
TaxTMI 
TaxTMI 
