Substitution of new section for section 15

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 5 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 p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n 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 re .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X