Penalty for false entries: appellate designation expanded to include Joint Commissioner (Appeals) or Commissioner (Appeals). The amendment substitutes the expression "the Commissioner (Appeals)" with "the Joint Commissioner (Appeals) or the Commissioner (Appeals)" in section ... Summary
Penalty for false entries: appellate designation expanded to include Joint Commissioner (Appeals) or Commissioner (Appeals).
The amendment substitutes the expression "the Commissioner (Appeals)" with "the Joint Commissioner (Appeals) or the Commissioner (Appeals)" in section 271AAD of the Income-tax Act, thereby expanding the appellate designation applicable to penalties for false entry in books of account; the amendment is to take effect from 1st April, 2023.
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