9911796707
TMI BlogAmendment of Section 273X X X X Extracts X X X X X X X X Extracts X X X X ..... e Income-tax Officer, in the course of any proceedings in connection with the regular assessment for any assessment year, is satisfied that any assessee - (a) has furnished under clause (a) of sub-section (1) of section 209A a statement of the advance tax payable by him which he knew or had reason to believe to be untrue, or (b) has without reasonable cause failed to furnish a statement of the adv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of sub-section (1) of section 209A, whichever is less; (ii) which, in the case referred to in clause (b), shall not be less than ten per cent. but shall not exceed one and a half times of seventy-five per cent. of the assessed tax as defined in sub-section (5) of section 215. ; (2) in sub-section (2) as so renumbered, - (a) for clause (a), the following clause shall be substituted, namely :- (a) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (3A) of section 212 shall be substituted; (e) for sub-clause (2) of clause (i), the following sub-clause shall be substituted, namely :- (2) where a statement under clause (a) of sub-section (1) of section 209A was furnished by the assessee or where a notice under section 210 was issued to the assessee, the amount payable under such statement or, as the case may be, such notice, ; (f) for clause ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d letter proviso to sub-section (3A) of section 212 , the words, brackets, figures and letters proviso to sub-section (4) of section 209A or, as the case may be, proviso to sub-section (3A) of section 212 shall be substituted. - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementin ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
