https://www.taxtmi.com/acts?id=52012 Penalty may be imposed for failure to comply with the provisions of section 254 of the Income-tax Act, 2025. Where a person defaults in complying with that section, the Joint Commissioner, Deputy Director, Assistant Director or the Assessing Officer is empowered to levy a penalty up to the prescribed monetary limit. The provision operates as a compliance-enforcement mechanism linked specifically to section 254, and identifies the officers authorised to impose the penalty. en-us Thu, 14 Aug 2025 18:33:32 +0530 Mon, 06 Apr 2026 14:32:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52012 Penalty may be imposed for failure to comply with the provisions of section 254 of the Income-tax Act, 2025. Where a person defaults in complying with that section, the Joint Commissioner, Deputy Director, Assistant Director or the Assessing Officer is empowered to levy a penalty up to the prescribed monetary limit. The provision operates as a compliance-enforcement mechanism linked specifically to section 254, and identifies the officers authorised to impose the penalty. Act-Rules Income Tax Thu, 14 Aug 2025 18:33:32 +0530 https://www.taxtmi.com/acts?id=52012