Assistant Commissioner's Penalty Imposition Invalid Due to Jurisdiction Overreach u/ss 271D and 271E.

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....As per the provisions of section 271D and 271E, for any default u/s 269SS and 269T, penalty is leviable. However, such penalty is to be imposed by the Joint Commissioner of Income Tax. The assessment order in the present case was completed by the Assistant Commissioner of Income Tax and hence beyond his jurisdiction. - AT....