Skip to content

Empowering CBDT to issue directions in respect of penalty for failure to deduct or collect tax at source

Empowering CBDT to issue directions in respect of penalty for failure to deduct or collect tax at source :

 

CLAUSE(S) OF
FINANCE BILL,
2017 		 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY
INSERTED		 APPLICABLE
W.E.F. 		 BRIEF OF AMENDMENT 
49 Empowering
CBDT to
issue
directions in
respect of
penalty for
failure to
deduct or
collect tax at
source 		 Sec 119
sub-section (2)
in clause (a) 		 Amended 01.04.17 It is proposed to insert reference of sections 271C and 271CA, so as to empower the CBDT to issue Directions or Instructions in respect of the said sections also.
Budget 2017 | Adreeja Kaur |

Leave a Reply