https://www.taxtmi.com/acts?id=53187 The amendment substitutes "waive any penalty imposed or imposable" in section 379(2), enabling the Dispute Resolution Committee to waive penalties already imposed in assessment orders as well as penalties merely imposable, including the penalty for under reporting of income referenced elsewhere in the Bill, within the Committee's existing eligibility and procedural framework; effective 1 April 2026. en-us Sun, 01 Feb 2026 15:26:54 +0530 Sun, 01 Feb 2026 15:26:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53187 The amendment substitutes "waive any penalty imposed or imposable" in section 379(2), enabling the Dispute Resolution Committee to waive penalties already imposed in assessment orders as well as penalties merely imposable, including the penalty for under reporting of income referenced elsewhere in the Bill, within the Committee's existing eligibility and procedural framework; effective 1 April 2026. Act-Rules Bills Sun, 01 Feb 2026 15:26:54 +0530 https://www.taxtmi.com/acts?id=53187