Substitution of new section for section 271AA.
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....sp; 098. For section 271AA of the Income-tax Act, the following section shall be substituted with effect from the 1st day of July, 2012, namely:- "271AA. Penalt....
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....tion (1) or sub-section (2) of section 92D; (ii) fails to report such transaction which he is required to do so; or  ....
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