Amendment of section 278A.
82. In section 278A of the Income-tax Act, after the word, figures and letter “section 276B”, the words, figures and letters “or section 276BB” shall be inserted.
Notes on Clauses:
Clause 82 seeks to amend the section 278A of the Income-tax Act relating to punishment for second and subsequent offences.
Section 276B provides for prosecution for failure to credit tax deducted at source to the Central Government and section 276BB provides for prosecution for failure to credit tax collected at source to the Central Government.
It is proposed to amend the said section 278A so as to bring section 276BB within the purview of said section.
This amendment will take effect from 1st April, 2022.
