Penalty calculation under amended law applies prospectively for continued defaults and removes certain mandatory referrals. Amendments change penalty computation and administrative referral: continuing defaults are apportioned into pre- and post-amendment periods so that the pre-amendment ceiling limits penalties only for the earlier period while the post-amendment months attract penalty under the new provision without that ceiling; deletion of the mandatory referral provision means assessing officers need not refer high-value concealment penalty cases after the deletion, but cases where proceedings began before deletion remain subject to referral to the senior officer.
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Provisions expressly mentioned in the judgment/order text.
Penalty calculation under amended law applies prospectively for continued defaults and removes certain mandatory referrals.
Amendments change penalty computation and administrative referral: continuing defaults are apportioned into pre- and post-amendment periods so that the pre-amendment ceiling limits penalties only for the earlier period while the post-amendment months attract penalty under the new provision without that ceiling; deletion of the mandatory referral provision means assessing officers need not refer high-value concealment penalty cases after the deletion, but cases where proceedings began before deletion remain subject to referral to the senior officer.
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