Amendment of Section 217

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Full Text of the Document

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....uot;twelve per cent. per annum", the following shall be substituted, namely :- "the Income-tax Officer finds - (a) that any such person as is referred to in clause (a) of sub-section (1) of section 209A has not sent the statement referred to in that clause or the estimate in lieu of such statement referred to in sub-section (2) of that section; or (b) that any such person as is ref....