https://www.taxtmi.com/caselaws?id=798124 Penalty under sections 271D and 271E requires the concerned Assessing Officer to record satisfaction during reassessment proceedings before initiating penalty action. The Supreme Court dismissed the special leave petition both for delay and on merits, thereby confirming the High Court's order on this requirement. en-us Mon, 31 Aug 2026 00:00:00 +0530 Wed, 02 Sep 2026 08:30:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798124 Penalty under sections 271D and 271E requires the concerned Assessing Officer to record satisfaction during reassessment proceedings before initiating penalty action. The Supreme Court dismissed the special leave petition both for delay and on merits, thereby confirming the High Court's order on this requirement. Case-Laws Income Tax Mon, 31 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798124