Section 278AA:
Punishment not to be imposed in certain cases.
1Notwithstanding anything contained in
the provisions of section 276A, section 276AB, 2
or section 276B, no person shall be punishable for any
failure referred to in the said provisions if he proves that there was reasonable cause for such failure.
Notes:
1. Ins. by Act 46 of 1986, s. 28 (w.e.f. 10-9-1986).
2. Subs. by Act 4 of 1988, s. 120, for “section 276B, section 276DD or section 276E” (w.e.f. 1-4-1989).