Penalty imposition under section 271C now assigned to the Assessing Officer, effective from 1 April 2025. An amendment to section 271C provides that any penalty under sub-section (1) on or after 1 April 2025 shall be imposed by the Assessing Officer, ... Summary
Penalty imposition under section 271C now assigned to the Assessing Officer, effective from 1 April 2025.
An amendment to section 271C provides that any penalty under sub-section (1) on or after 1 April 2025 shall be imposed by the Assessing Officer, allocating penalty-imposition authority to the Assessing Officer for matters arising from that date.
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