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Insertion of new sections 271C, 271D and 271E
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....tion of new sections 271C, 271D and 271E. After section 271B of the Income-tax Act, the following sections shall be inserted, namely :- "271C. Penalty for failure to deduct tax at source. ....
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....travention of the provisions of section 269SS, he shall be liable to pay, by way of penalty, a sum equal to the amount of the loan or deposit so taken or accepted. 271E. Penalty for failure t....
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