https://www.taxtmi.com/acts?id=50540 The amendment provides that penalty under sub section (1), when leviable on or after the specified effective date, shall be imposed by the Assessing Officer, reallocating the authority to impose that penalty to the Assessing Officer for liabilities arising on or after that date. en-us Tue, 01 Apr 2025 13:23:53 +0530 Tue, 01 Apr 2025 13:23:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50540 The amendment provides that penalty under sub section (1), when leviable on or after the specified effective date, shall be imposed by the Assessing Officer, reallocating the authority to impose that penalty to the Assessing Officer for liabilities arising on or after that date. Act-Rules F. Acts / Amendment Acts Tue, 01 Apr 2025 13:23:53 +0530 https://www.taxtmi.com/acts?id=50540