# The Finance Act, 1991, Section 68: Amendment of section 272 A

- Act: The Finance Act, 1991 (Act 49 of 1991)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1991/section/68/

## Text

Amendment of section 272 A. 68. In section 272A of the Income-tax Act, in sub-section (2), with effect from the 1st day of October, 1991,— (a) in clause (c), after the figures and letter "206B", the words, figures and letter "or section 206C" shall be inserted; (b) in clause (g), after the figures "203", the words, figures and letter "or section 206C" shall be inserted; (c) the following proviso shall be inserted at the end, namely: — "Provided that the amount of penalty for failures in relation to returns under, sections 206 and 206C shall not exceed the amount of tax deductible or collectible, as the case may be.". [Finance (No. 2) Act, 1991] © Copyright. Taxmann Publications Pvt. Ltd.

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