This section, which corresponds with section 517 of the Income Tax Act, 1967, provides a time limit of three years for the institution of summary proceedings under section 516 of the Income Tax Act, 1967, which is applied to corporation tax by section 147 or under section 63 of the Bill. Section 63 deals with production of documents and records.
SECTION 148.
Question proposed: " That section 148 stand part of the Bill."
That would relate to the date on which it should have been produced,
Yes.
Question put and agreed to.