Section 196 of Finance Act 2018
[Section 196 of Finance Act 2018 deals with Amendment of section 19-I and is covered in CHAPTER VIII MISCELLANEOUS]
Amendment of section 19-I
196. In section 19-I 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 words, figures and letter “section 19H, the adjudicating officer”, the words, figures and letter “section 19 or section 19H, the Board or the adjudicating officer” shall be substituted; | |
(iii) | in the Explanation, the words “of an adjudicating officer” shall be omitted. |
Finance Act 2018 : Assented by President : Download Print Notification