Income Tax Department

Ministry of Finance, Government of India

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Section 154

Amendment of section 23J

Section

Section Number

154

Chapter

CHAPTER VIII - MISCELLANEOUS

Act

Finance Acts

Year

2018

Amendment of section 23J

Amendment of section 23J

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.

Footnotes