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<h1>Amendment to Income-tax Act: Section 273B now references Sections 271FAA and 271GC, expanding penalty exemptions. Effective 2024-2025.</h1> Section 273B of the Income-tax Act is amended to include references to additional sections. Effective from October 1, 2024, the insertion of 'section 271FAA' follows 'section 271FA.' Additionally, effective from April 1, 2025, 'section 271GC' is inserted after 'section 271GB.' These amendments expand the applicability of section 273B, which provides for the non-imposition of penalties under certain conditions, to the newly referenced sections.