TMI BlogInsertion of new section 271FAX X X X Extracts X X X X X X X X Extracts X X X X ..... e Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2005, namely:- "271FA. Penalty for failure to furnish annual information return.-If a person who is re ..... X X X X Extracts X X X X X X X X Extracts X X X X
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