Penalty imposition under section 271E now vests with the Deputy Commissioner as the imposing authority in tax law. The amendment renumbers section 271E as sub section (1) and inserts a new sub section (2) specifying that any penalty imposable under the renumbered sub ... Summary
Penalty imposition under section 271E now vests with the Deputy Commissioner as the imposing authority in tax law.
The amendment renumbers section 271E as sub section (1) and inserts a new sub section (2) specifying that any penalty imposable under the renumbered sub section (1) shall be imposed by the Deputy Commissioner, thereby designating the Deputy Commissioner as the authority competent to impose penalties under that provision.
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