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[Cites 0, Cited by 0] [Section 271GA] [Entire Act]

Union of India - Subsection

Section 271GA(i) in The Income Tax Act, 1961

(i)a sum equal to two per cent. of the value of the transaction in respect of which such failure has taken place, if such transaction had the effect of directly or indirectly transferring the right of management or control in relation to the Indian concern;