Section 154 of Finance Act 2018
[Section 154 of Finance Act 2018 deals with Amendment of section 23J and is covered in CHAPTER VIII MISCELLANEOUS]
Amendment of section 23J
154. In section 23J of the principal Act,—
(i) | for the marginal heading, the following marginal heading shall be substituted, namely:— | |
“Factors to be taken into account while adjudging quantum of penalty.”; | ||
(ii) | for the word, figures and letter “section 23-I” the words, figures and letters “section 12A or section 23-I” shall be substituted. | |
(iii) | for the words “the adjudicating officer”, the words “the Securities and Exchange Board of India or the adjudicating officer” shall be substituted. |
Finance Act 2018 : Assented by President : Download Print Notification