Failure to furnish return: filing under section 139(8A) now prevents prosecution under section 276CC for late filing. The amendment provides that a person shall not be proceeded against under section 276CC for failure to furnish the return under section 139(1) if the ... Summary
Failure to furnish return: filing under section 139(8A) now prevents prosecution under section 276CC for late filing.
The amendment provides that a person shall not be proceeded against under section 276CC for failure to furnish the return under section 139(1) if the person has furnished a return under sub section (8A) of section 139 within the time provided in that sub section, by inserting this language in the proviso to section 276CC.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.