Penalty scheme reform centralises and technologises tax penalty administration, enabling dynamic jurisdiction and procedural modifications.

Amendment introduces a notified statutory scheme to centralise and modernise penalty administration under Chapter XXI by reducing direct Assessing Officer-assessee interface through technological means, promoting economies of scale and functional specialisation, and creating a mechanism of dynamic jurisdiction allowing one or more income tax authorities to impose penalties; the Government may suspend or modify existing jurisdictional and procedural provisions by notification and must lay notifications before Parliament.

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