TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Penalty Imposition Under Section 271DB of Income-tax Act Shifts to Assessing Officer Starting April 1, 2025</h1> Section 271DB of the Income-tax Act is amended by inserting a proviso to sub-section (2) specifying that any penalty under sub-section (1), on or after April 1, 2025, shall be imposed by the Assessing Officer. This amendment through the Finance Act, 2025 clarifies the authority responsible for imposing penalties under this section, shifting this specific responsibility to the Assessing Officer.
TaxTMI 
TaxTMI 
