https://www.taxtmi.com/acts?id=16379 Amendment adjusts the penal sanction under section 276CC of the Income-tax Act effective from 1 July 2012 by altering both the monetary ceiling and the custodial component. The statutory change raises the maximum monetary penalty previously prescribed and contemporaneously reduces the maximum term of imprisonment for the offence specified in that provision. en-us Tue, 29 May 2012 13:48:05 +0530 Tue, 29 May 2012 13:48:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16379 Amendment adjusts the penal sanction under section 276CC of the Income-tax Act effective from 1 July 2012 by altering both the monetary ceiling and the custodial component. The statutory change raises the maximum monetary penalty previously prescribed and contemporaneously reduces the maximum term of imprisonment for the offence specified in that provision. Act-Rules F. Acts / Amendment Acts Tue, 29 May 2012 13:48:05 +0530 https://www.taxtmi.com/acts?id=16379