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1961Section 158BF

158BF. Certain interests and penalties not to be levied or imposed.

In the 2025 Act1 match · Unreviewed

From the Income Tax Department's correspondence.

No interest under section 234A, 234B or 234C or penalty under section 270A shall be levied or imposed upon the assessee in respect of the undisclosed income assessed or reassessed for the block period.

Income-tax Act, 1961: text as on 22 May 2026 · Official source ↗ ·