Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Legal Amendment Expands Tax Penalty Enforcement by Removing 'Reasonable Cause' Language in Section 272B</h1> The amendment modifies section 272B of the Income-tax Act by removing the phrase 'without reasonable cause' from subsection (1). This change potentially alters the interpretation and application of penalties related to tax provisions, potentially broadening the scope of potential enforcement actions under the taxation framework.