Amendment to section 288 clarifies that clause (ii) of sub section (1) is the operative reference for liability. The Finance Act, 1990 inserts the words, brackets and figures 'clause (ii) of sub section (1) of' after the words 'on him under' in sub section (4), clause (b) of section 288 of the Income tax Act, thereby specifying that the liability or consequence in clause (b) is to be read with that particular clause.