Clause 36
Amendment of section 37
of Income Tax (Amendment) Bill
BillNot in forceProvision 36 of 73
Clause 36
Section 37 of the principal Act is amended by inserting, immediately after subsection (18B), the following subsection:“(18BA) The Comptroller may for any good cause remit the whole or any part of the financial penalty payable under subsection (18B).”.