Limits on penalty imposition require higher-level approval for larger penalties and mandate sending orders to Assessing Officer. Amendment restricts authority to impose penalties by setting monetary thresholds beyond which specified officers cannot make penalty orders without higher-level approval, and requires any income-tax authority that issues a penalty order, when not the Assessing Officer, to immediately send a copy of that order to the Assessing Officer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Limits on penalty imposition require higher-level approval for larger penalties and mandate sending orders to Assessing Officer.
Amendment restricts authority to impose penalties by setting monetary thresholds beyond which specified officers cannot make penalty orders without higher-level approval, and requires any income-tax authority that issues a penalty order, when not the Assessing Officer, to immediately send a copy of that order to the Assessing Officer.
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