https://www.taxtmi.com/acts?id=47939 Substituted provisions establish criminal penalties and fines for failure to produce required accounts, making false statements, wilful attempts to evade interest tax and abetment of false returns; offences by credit institutions may be attributed to responsible officers, prior sanction of specified authorities is required for prosecution of listed offences and such offences may be compounded by senior tax authorities, and credit institutions may lawfully vary term loan agreements to increase contractual interest to reflect interest tax liability. en-us Mon, 27 Jan 2025 15:43:24 +0530 Mon, 27 Jan 2025 15:43:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47939 Substituted provisions establish criminal penalties and fines for failure to produce required accounts, making false statements, wilful attempts to evade interest tax and abetment of false returns; offences by credit institutions may be attributed to responsible officers, prior sanction of specified authorities is required for prosecution of listed offences and such offences may be compounded by senior tax authorities, and credit institutions may lawfully vary term loan agreements to increase contractual interest to reflect interest tax liability. Act-Rules F. Acts / Amendment Acts Mon, 27 Jan 2025 15:43:24 +0530 https://www.taxtmi.com/acts?id=47939