https://www.taxtmi.com/caselaws?id=21160 Penalty jurisdiction depends on the authority possessing competence on the date of the order, not merely when the reference was made. Although the penalty reference was valid when initiated, section 65 of the Taxation Laws (Amendment) Act, 1975 withdrew the Inspecting Assistant Commissioner's jurisdiction from 1 April 1976. Because the penalty order was passed after that withdrawal, the authority lacked competence to levy the penalty. The issue was resolved in favour of the assessee and against the Revenue. en-us Fri, 04 Sep 1992 00:00:00 +0530 Fri, 20 Nov 2009 15:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21160 Penalty jurisdiction depends on the authority possessing competence on the date of the order, not merely when the reference was made. Although the penalty reference was valid when initiated, section 65 of the Taxation Laws (Amendment) Act, 1975 withdrew the Inspecting Assistant Commissioner's jurisdiction from 1 April 1976. Because the penalty order was passed after that withdrawal, the authority lacked competence to levy the penalty. The issue was resolved in favour of the assessee and against the Revenue. Case-Laws Income Tax Fri, 04 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21160