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    <title>Amendment of section 272BB</title>
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    <description>An amendment inserts a provision creating penalty liability where a person required to quote a tax deduction, tax collection, or combined tax account number in specified documents quotes a number that is false and which the person knows or believes to be false or does not believe to be true; the Assessing Officer may direct payment of a monetary penalty. The existing consequential subsection is amended to apply to this new provision.</description>
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    <pubDate>Wed, 22 Oct 2008 17:23:14 +0530</pubDate>
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      <title>Amendment of section 272BB</title>
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      <description>An amendment inserts a provision creating penalty liability where a person required to quote a tax deduction, tax collection, or combined tax account number in specified documents quotes a number that is false and which the person knows or believes to be false or does not believe to be true; the Assessing Officer may direct payment of a monetary penalty. The existing consequential subsection is amended to apply to this new provision.</description>
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