Amendment of section 276CC.

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Full Text of the Document

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.... the total income determined on regular assessment, as reduced by the advance tax or self-assessment tax, if any, paid before the expiry of the assessment year, and any tax deducted or collected at source, does not exceed ten thousand rupees.". - Clause 65 of the Bill seeks to amend section 276CC of the Income-tax Act relating to failure to furnish returns of income. The proviso to the said se....