https://www.taxtmi.com/acts?id=53781 Amends section 140B by providing that where an updated return is filed pursuant to a notice under section 148 within the specified period, the additional income-tax payable under sub-section (3) is increased by a further sum of ten per cent of the aggregate of tax and interest payable, as determined under sub-section (1) or sub-section (2), as the case may be. The inserted provision is stated to operate retrospectively from 1 March 2026. en-us Tue, 31 Mar 2026 15:14:53 +0530 Tue, 31 Mar 2026 15:14:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53781 Amends section 140B by providing that where an updated return is filed pursuant to a notice under section 148 within the specified period, the additional income-tax payable under sub-section (3) is increased by a further sum of ten per cent of the aggregate of tax and interest payable, as determined under sub-section (1) or sub-section (2), as the case may be. The inserted provision is stated to operate retrospectively from 1 March 2026. Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:14:53 +0530 https://www.taxtmi.com/acts?id=53781