https://www.taxtmi.com/caselaws?id=468300 Penalty under section 271D for alleged contravention of section 269SS requires jurisdictional satisfaction recorded by the Assessing Officer in the assessment order. Where the assessment order contains no such satisfaction, the penalty proceedings cannot be sustained. The same jurisdictional principle applied to the related penalty framework under sections 271D and 271E. On these facts, the penalty was liable to be deleted for want of recorded satisfaction. en-us Fri, 18 Jul 2025 00:00:00 +0530 Mon, 27 Apr 2026 20:38:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468300 Penalty under section 271D for alleged contravention of section 269SS requires jurisdictional satisfaction recorded by the Assessing Officer in the assessment order. Where the assessment order contains no such satisfaction, the penalty proceedings cannot be sustained. The same jurisdictional principle applied to the related penalty framework under sections 271D and 271E. On these facts, the penalty was liable to be deleted for want of recorded satisfaction. Case-Laws Income Tax Fri, 18 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468300