https://www.taxtmi.com/acts?id=53742 Section 454 is amended to replace "Registrar" with "Assistant Registrar" and to allow a company or officer in default to apply for adjudication of penalty in the prescribed form and manner on payment of prescribed fees. The appellate framework is widened to include a notified Appellate Authority not below the rank of Joint Director, with corresponding references updated accordingly. The amendment also empowers courts to direct payment of imposed penalties, credits realised penalties to the Consolidated Fund of India, and enables a Central Government Scheme for withdrawal and transfer of matters for adjudication. en-us Tue, 24 Mar 2026 15:19:00 +0530 Tue, 24 Mar 2026 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53742 Section 454 is amended to replace "Registrar" with "Assistant Registrar" and to allow a company or officer in default to apply for adjudication of penalty in the prescribed form and manner on payment of prescribed fees. The appellate framework is widened to include a notified Appellate Authority not below the rank of Joint Director, with corresponding references updated accordingly. The amendment also empowers courts to direct payment of imposed penalties, credits realised penalties to the Consolidated Fund of India, and enables a Central Government Scheme for withdrawal and transfer of matters for adjudication. Act-Rules Bills Tue, 24 Mar 2026 15:19:00 +0530 https://www.taxtmi.com/acts?id=53742