Income-tax Act, 2025 · CHAPTER XXI — PENALTIES

Section 471Procedure

Income-tax Act, 2025 (30 of 2025)

(1)

No order imposing a penalty under this Chapter shall be made unless the assessee has been heard, or has been given a reasonable opportunity of being heard.

(2)

No order imposing a penalty under this Chapter shall be made without the prior approval of the Joint Commissioner—

(a)where the penalty exceeds ₹ 10000, by the Income-tax Officer;

(b)where the penalty exceeds ₹ 20000, by the Assistant Commissioner or Deputy Commissioner.

(3)

An income-tax authority on making an order under this Chapter imposing a penalty, unless he himself is the Assessing Officer, shall send a copy of the order to the Assessing Officer.

Referenced by

§ 472(4)