https://www.taxtmi.com/acts?id=50541 The amendment inserts a proviso specifying that any penalty under sub section (1) shall, from the stated effective point, be imposed by the Assessing Officer, thereby reallocating the authority to assess and levy penalties to the Assessing Officer without changing the substantive offences or penalty amounts. en-us Tue, 01 Apr 2025 13:24:07 +0530 Tue, 01 Apr 2025 13:24:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50541 The amendment inserts a proviso specifying that any penalty under sub section (1) shall, from the stated effective point, be imposed by the Assessing Officer, thereby reallocating the authority to assess and levy penalties to the Assessing Officer without changing the substantive offences or penalty amounts. Act-Rules F. Acts / Amendment Acts Tue, 01 Apr 2025 13:24:07 +0530 https://www.taxtmi.com/acts?id=50541