Insertion of new section 271-I- Penalty for failure to furnish information or furnishing inaccurate information under section 195.

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....015<br>Insertion of new section 271-I. 73. After section 271H of the Income-tax Act, the following section shall be inserted with effect from the 1st day of June, 2015, namely:- Penalty for failure ....

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.... a new section 271-I in the Income-tax Act relating to penalty for failure to furnish information or for furnishing inaccurate information under section 195. It is proposed to insert a new section 27....