https://www.taxtmi.com/acts?id=50767 The substituted provisions create two penalty regimes: one for failure to comply with notices under section 16, imposing penalties subject to a reasonable cause defence, officer-specific limits on imposition, mandatory opportunity to be heard, and a prescribed limitation period with specified exclusions; and another for refusal to answer, sign, attend, produce documents or to furnish information, providing minimum and maximum sanctions, per-day penalties for continuing defaults, reasonable cause exceptions for certain failures, and allocation of imposition authority to specified senior tax officers. en-us Mon, 14 Apr 2025 18:28:25 +0530 Fri, 01 Aug 2025 17:20:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50767 The substituted provisions create two penalty regimes: one for failure to comply with notices under section 16, imposing penalties subject to a reasonable cause defence, officer-specific limits on imposition, mandatory opportunity to be heard, and a prescribed limitation period with specified exclusions; and another for refusal to answer, sign, attend, produce documents or to furnish information, providing minimum and maximum sanctions, per-day penalties for continuing defaults, reasonable cause exceptions for certain failures, and allocation of imposition authority to specified senior tax officers. Act-Rules F. Acts / Amendment Acts Mon, 14 Apr 2025 18:28:25 +0530 https://www.taxtmi.com/acts?id=50767