Amendment of Act 42 of 1999- Power to recover arrears of penalty

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.... of 1999 226. In the Foreign Exchange Management Act, 1999, after section 14, the following section shall be inserted, namely:-- Power to recover arrears of penalty "14A. (1) Save as otherwise pro....

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....cer referred to in sub-section (1) shall exercise all the like powers which are conferred on the income-tax authority in relation to recovery of tax under the Income-tax Act, 1961 (43 of 1961) and the....