https://www.taxtmi.com/acts?id=48503 The Bill amends section 271E to transfer authority to impose the penalty for non compliance with the provision governing prohibited receipt transactions from the Joint Commissioner to the Assessing Officer, effective 1st April, 2025, subject to the procedural limitation in subsection (2) of the related procedural provision. en-us Sat, 01 Feb 2025 14:49:04 +0530 Sat, 01 Feb 2025 14:49:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48503 The Bill amends section 271E to transfer authority to impose the penalty for non compliance with the provision governing prohibited receipt transactions from the Joint Commissioner to the Assessing Officer, effective 1st April, 2025, subject to the procedural limitation in subsection (2) of the related procedural provision. Act-Rules Bills Sat, 01 Feb 2025 14:49:04 +0530 https://www.taxtmi.com/acts?id=48503