https://www.taxtmi.com/caselaws?id=25489 The court held that the Inspecting Assistant Commissioner did not have jurisdiction to levy the penalty under section 271(1)(c) of the Income-tax Act after the amendment in 1975, even if the penalty proceedings were initiated before the change. The court emphasized that the officer must have the authority to impose penalties at the time of the final order. The judgment clarified the jurisdictional issue, stating that the amendment removing the Inspecting Assistant Commissioner's jurisdiction applied to ongoing penalty proceedings. The penalty imposed by the Inspecting Assistant Commissioner was canceled, and the assessee was awarded costs of Rs. 200. en-us Mon, 13 Jul 1987 00:00:00 +0530 Fri, 29 Jan 2010 10:37:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25489 The court held that the Inspecting Assistant Commissioner did not have jurisdiction to levy the penalty under section 271(1)(c) of the Income-tax Act after the amendment in 1975, even if the penalty proceedings were initiated before the change. The court emphasized that the officer must have the authority to impose penalties at the time of the final order. The judgment clarified the jurisdictional issue, stating that the amendment removing the Inspecting Assistant Commissioner's jurisdiction applied to ongoing penalty proceedings. The penalty imposed by the Inspecting Assistant Commissioner was canceled, and the assessee was awarded costs of Rs. 200. Case-Laws Income Tax Mon, 13 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25489