Clause 101 - Amendment of section 276C. - Finance Bill, 2012

Amendment of section 276C. 101. In section 276C of the Income-tax Act, with effect from the 1st day of July, 2012, (i) in sub-section (1), (a) in clause (i), for the words one hundred thousand rupees , the words twenty-five hundred thousand rupees shall be substituted; (b) in clause (ii), for the words three years , the words two years shall be substituted; (ii) in sub-section (2), for the words three years , the words two years shall be substituted.