https://www.taxtmi.com/acts?id=48300 New sub-section (7) to section 273A provides that pre-1989 versions of sub-section (1), (2) and where applicable (4) govern reduction or waiver of penalty or interest for assessments for the assessment year commencing 1 April 1988 or earlier, with the modification that the power under the former sub-section (1) is exercisable only by the Commissioner and requires the previous approval of the Chief Commissioner or Director General instead of the Board. en-us Thu, 30 Jan 2025 14:56:17 +0530 Thu, 30 Jan 2025 14:56:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48300 New sub-section (7) to section 273A provides that pre-1989 versions of sub-section (1), (2) and where applicable (4) govern reduction or waiver of penalty or interest for assessments for the assessment year commencing 1 April 1988 or earlier, with the modification that the power under the former sub-section (1) is exercisable only by the Commissioner and requires the previous approval of the Chief Commissioner or Director General instead of the Board. Act-Rules F. Acts / Amendment Acts Thu, 30 Jan 2025 14:56:17 +0530 https://www.taxtmi.com/acts?id=48300