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of <h1>Certain Income-tax Act Sections Apply to Commodities Transaction Tax for Consistent Tax Collection and Enforcement Procedures.</h1> The Finance Act, 2008, specifies that certain provisions of the Income-tax Act, 1961, including sections 120, 131, 133A, 156, 178, 220 to 227, 229, 232, 260A, 261, 262, 265 to 269, 278B, 282, and 288 to 293, are applicable to the commodities transaction tax. These sections cover various procedural and administrative aspects of tax collection and enforcement, ensuring that the regulations governing income tax are similarly applied to transactions involving commodities.
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