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<h1>Finance Bill 2022: Amendments to Section 271C and expansion of Sections 278A, 278AA to include Section 276BB.</h1> The proposed amendments in the Finance Bill 2022 aim to address inconsistencies in tax-related offenses. Specifically, Section 271C is to be amended, and Sections 278A and 278AA, which currently address prosecution for failure to pay tax deducted at source, will be expanded to include Section 276BB. This inclusion targets offenses related to failure to pay tax collected at source, aligning them with existing provisions under Section 276B. These changes are set to take effect from April 1, 2022, as outlined in Clauses 77, 79, 80, 82, and 83.
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