Substitution of new section for section 15

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.... of the Expenditure-tax Act, the following section shall be substituted, with effect from the 1st day of October, 1991, namely:-- "15. Penalty for failure to collect or pay expenditure-tax. Any pe....

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.... addition to paying tax in accordance with the provisions of sub-section (4) of that. section, by way of penalty, a sum equal to the amount of tax that he failed to collect; and (ii) in the case ref....