https://www.taxtmi.com/acts?id=53882 Section 471 is amended to require a show cause notice as the mode of hearing, and to integrate any penalty under section 439 into assessment or reassessment orders made on or after 1 April 2027. References in the Act to an assessment order or penalty order under section 439 are to be read as references to the combined assessment or reassessment order where the penalty forms part of that order. Approval of the Joint Commissioner for such assessment or reassessment is also deemed to cover the penalty component, if any. en-us Tue, 31 Mar 2026 15:52:44 +0530 Tue, 31 Mar 2026 15:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53882 Section 471 is amended to require a show cause notice as the mode of hearing, and to integrate any penalty under section 439 into assessment or reassessment orders made on or after 1 April 2027. References in the Act to an assessment order or penalty order under section 439 are to be read as references to the combined assessment or reassessment order where the penalty forms part of that order. Approval of the Joint Commissioner for such assessment or reassessment is also deemed to cover the penalty component, if any. Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:52:44 +0530 https://www.taxtmi.com/acts?id=53882