Amendment of section 273B

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Full Text of the Document

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....6; (II) after the word, figures and letter "section 271H", the word, figures and letter "section 271-I," shall be inserted with effect from the 1st day of June, 2015. - Clause 75 of the Bill seeks to amend section 273B of the Income-tax Act relating to penalty not to be imposed in certain cases. The section provides for non-levy of penalty under various sections of the Income-tax Act enumerat....