Bare ActsThe Wealth-tax Act, 1957

Section 2-SECTION-1-2-8

Failure to furnish particulars under section 34ACC

Amendment status not verified — confirm the current text below against the official source.

If a person referred to in section 34ACC fails [x x x x] to intimate to the Board the particulars of conviction of finding referred to in the said section, he shall be punishable with rigorous imprisonment for a term which may extend to two years and shall also be liable to fine:] [Provided that no person shall be punishable under this section if he proves that there was reasonable cause or excuse for the said failure.] Sections 35EE ins. by Act 41 of 1975 sec. 100 (w.e.f. 01/10/1975). Ins. by Act 67 of 1984, sec. 70 (w.e.f. 01/10/1984). The words "without reasonable cause or excuse" omitted by Act 46 of 1986, sec. 38(i) (w.e.f. 10/09/1986). Ins. by Act 46 of 1986, sec. 38(ii) (w.e.f. 10/09/1986).

Section 2-SECTION-1-2-8 – The Wealth-tax Act, 1957 | DailyLaw.ai