https://www.taxtmi.com/acts?id=31688 Amendment to Section 76A replaces the fixed monetary threshold in clause (a) with a dual cap linked to the company's accepted deposits, applying the lower of the statutory limit or an amount based on deposits. Clause (b) changes the punishment provision by substituting the disjunctive penalty wording with conjunctive wording requiring imprisonment and fine and omitting the phrase that allowed imposing both as an alternative. en-us Thu, 04 Jan 2018 18:29:48 +0530 Thu, 04 Jan 2018 18:29:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31688 Amendment to Section 76A replaces the fixed monetary threshold in clause (a) with a dual cap linked to the company's accepted deposits, applying the lower of the statutory limit or an amount based on deposits. Clause (b) changes the punishment provision by substituting the disjunctive penalty wording with conjunctive wording requiring imprisonment and fine and omitting the phrase that allowed imposing both as an alternative. Act-Rules F. Acts / Amendment Acts Thu, 04 Jan 2018 18:29:48 +0530 https://www.taxtmi.com/acts?id=31688