Procedure

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ousand rupees; (b) by the Assistant Commissioner 2[or Deputy Commissioner], where the penalty exceeds twenty thousand rupees, except with the prior approval of the 3[Joint] Commissioner.] 5[(2A) The Central Government may make a scheme, by notification in the Official Gazette, for the purposes of imposing penalty under this Chapter so as to impart greater efficiency, transparency and accountab .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ded that no direction shall be issued after the 31st day of March, 2022. 7[Provided further that the Central Government may amend any direction, issued under this sub-section on or before the 31st day of March, 2022, by notification in the Official Gazette.] (2C) Every notification issued under sub-section (2A) and sub-section (2B) shall, as soon as may be after the notification is issued, be la .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 3) was substituted by the Finance (No. 2) Act, 1977, w.e.f. 10-7-1978. 5. Inserted vide Finance Act, 2020 dated 27-03-2020 w.e.f. 01-04-2020 6. Substituted vide THE TAXATION AND OTHER LAWS (RELAXATION AND AMENDMENT OF CERTAIN PROVISIONS) ACT, 2020 dated 29-09-2020 w.e.f. 01-04-2020 before it was read as "Assessing Officer and the assessee in the course of proceedings" 7. Inserted v .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X