Publication of assessee penalties: only individual penalties exceeding the per assessment year threshold require Gazette and newspaper disclosure. Publication in the Gazette and important local newspapers is required only for penalties which individually meet or exceed the prescribed monetary ... Summary
Publication of assessee penalties: only individual penalties exceeding the per assessment year threshold require Gazette and newspaper disclosure.
Publication in the Gazette and important local newspapers is required only for penalties which individually meet or exceed the prescribed monetary threshold for a particular assessment year; multiple penalties across assessment years must not be aggregated to determine publication eligibility, and where multiple assessment-year penalties occur in a financial year, only those individual penalties exceeding the threshold are to be published.
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