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Amendment of section 271.

Clause 98 - Bills - DIRECT TAXES - Bill - Clause 98 - 98. In section 271 of the Income-tax Act, after sub-section (6), the following sub-section shall be inserted with effect from the 1st day of April, 2017, namely:- (7) The provisions of this sectio .....

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ith notices, concealment of income, etc. The provisions of the said section provides for a penalty on account of failure to comply with a notice issued under sub-section (1) of section 142 or sub-section (2) of section 143 or failure to comply with a .....

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