Section 271AAB Amended by Finance Bill 2025: Major Changes in Penalty Provisions Under IT Act

Last updated: 06 February 2025


Major Changes in Penalty Provisions Under Income-tax Act: Section 271AAB Amended by Finance Bill 2025 Q1. What is Section 271AAB of the Income-tax Act, 1961? Ans. Section 271AAB of the Income-tax Act, 1961 relates to penalty in respect of searches initiated after 15.12.2016. Q.2 What is the ame
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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