https://www.taxtmi.com/caselaws?id=368332 Penalty jurisdiction in proceedings under the Income-tax Act is determined by the law in force on the date of the default. Where the assessee's failure to comply with a document-production notice occurred before the amendment that later conferred penalty power on the Transfer Pricing Officer, that amendment could not retrospectively validate the penalty order. The court held that the relevant act for jurisdiction is the wrongful default itself, and a later enlargement of authority does not cure an earlier lack of power. The impugned penalty order was therefore without jurisdiction and was quashed. en-us Tue, 25 Sep 2018 00:00:00 +0530 Thu, 30 Apr 2026 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368332 Penalty jurisdiction in proceedings under the Income-tax Act is determined by the law in force on the date of the default. Where the assessee's failure to comply with a document-production notice occurred before the amendment that later conferred penalty power on the Transfer Pricing Officer, that amendment could not retrospectively validate the penalty order. The court held that the relevant act for jurisdiction is the wrongful default itself, and a later enlargement of authority does not cure an earlier lack of power. The impugned penalty order was therefore without jurisdiction and was quashed. Case-Laws Income Tax Tue, 25 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368332