Section 158BFCentral Act

Section 158BF: Certain interests and penalties not to be levied or imposed

The Income-tax Act, 1961

Certain interests and penalties not to be levied or imposed.

- No interest under the provisions of section 234-A, 234-B or 234-C or penalty under the provisions of clause (c) of sub-section (1) of section 271 or section 271-A or section 271-B shall be levied or imposed upon the assessee in respect of the undisclosed income determined in the block assessment.

Sec 158BE — Time-limit for completion of block assessment

Sec 158BFA — [ Levy of interest and penalty in certain cases. [Inserted by Act 14 of 1997, Section 6 (w.r.e.f. 1.1.1997).]

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