Amendment status not verified — confirm the current text below against the official source.
In the Kerala Finance Act, 2024 (18 of 2024), in section 12, after the proviso, the following proviso shall be inserted, namely:-- "Provided further that, in cases where the certificate of settlement has been issued in respect of all tax or taxes/surcharge pertaining to a year under a relevant Act, all penalty imposed under such relevant Act pertaining to such year, other than the penalty referred to in the proviso to clause (a) of sub-section (1) of section 6 of this Act, shall be deemed to be settled under this Act.".