https://www.taxtmi.com/acts?id=50542 Amendment inserts a proviso to penalty under sub-section (1) of section 271E, providing that the power to impose such penalty shall be exercised by the Assessing Officer, thereby allocating authority to the Assessing Officer to determine and levy the penalty under sub-section (1). en-us Tue, 01 Apr 2025 14:07:11 +0530 Tue, 01 Apr 2025 14:07:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50542 Amendment inserts a proviso to penalty under sub-section (1) of section 271E, providing that the power to impose such penalty shall be exercised by the Assessing Officer, thereby allocating authority to the Assessing Officer to determine and levy the penalty under sub-section (1). Act-Rules F. Acts / Amendment Acts Tue, 01 Apr 2025 14:07:11 +0530 https://www.taxtmi.com/acts?id=50542