Benefits to related persons.

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..... ered non-profit organisation has any specified income which is chargeable to tax as per section 337 (Table: Sl. No. 2), the Assessing Officer may impose on such person, a penalty of- (a) a sum equal .....

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..... 355(i), if the violation is noticed again in any subsequent tax year. - Clause 445 of the Bill seeks to impose penalty for violation of certain provisions by specified persons.
Statute, statuto .....

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