Section 197 of Finance Act 2018 : Amendment of section 19-IA

By | April 1, 2018
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(Last Updated On: April 24, 2018)

Section 197 of Finance Act 2018

[Section 197 of Finance Act 2018 deals with Amendment of section 19-IA and is covered in CHAPTER VIII MISCELLANEOUS]

Amendment of section 19-IA

197. In section 19-IA of the principal Act, after sub-section (4), the following sub-section shall be inserted, namely:—

“(5) All settlement amounts, excluding the disgorgement amount and legal costs, realised under this Act shall be credited to the Consolidated Fund of India.”.

Finance Act 2018 : Assented by President : Download Print Notification


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