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

158BF. No interest under the provisions of section 234A, 234B or 234C or penalty under the provisions of clause (c) of sub-section (1) of section 271 or section 271A or section 271B shall be levied or imposed upon the assessee in respect of the undisclosed income determined in the block assessment.

 

[Updated up to Finance Act 2017]

4 thoughts on “Section 158BF : Certain interests and penalties not to be levied or imposed.”

  1. You’re so interesting! I don’t suppose I’ve read through a single thing like that before.
    So good to discover someone with a few unique thoughts on this topic.
    Seriously.. thanks for starting this up. This site is
    one thing that is required on the web, someone with a little originality!

Leave a Comment

Scroll to Top
Malcare WordPress Security