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    <title>Amendment of section 285BA.</title>
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    <description>The amendment expands persons required to furnish statements under section 285BA by adding a prescribed reporting financial institution and other prescribed persons, omits the second proviso to subsection (3), and replaces the consequence for non-compliance so that the Act applies as if the person had furnished inaccurate information in the statement rather than treating the statement as invalid or as a failure to furnish.</description>
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    <pubDate>Wed, 24 Jul 2019 16:43:20 +0530</pubDate>
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      <link>https://www.taxtmi.com/acts?id=37069</link>
      <description>The amendment expands persons required to furnish statements under section 285BA by adding a prescribed reporting financial institution and other prescribed persons, omits the second proviso to subsection (3), and replaces the consequence for non-compliance so that the Act applies as if the person had furnished inaccurate information in the statement rather than treating the statement as invalid or as a failure to furnish.</description>
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