The Telangana High Court asserted that while the Joint Commissioner holds the authority to impose penalties, the initiation of Section 271D proceedings requires recorded satisfaction during the assessment. The absence of such satisfaction invalidates the penalty.
Section 271D Proceedings Cannot Start Without AO Satisfaction: Telangana HC
The Telangana High Court asserted that while the Joint Commissioner holds the authority to impose penalties, the initiation of Section 271D proceedings requires recorded satisfaction during the assessment. The absence of such satisfaction invalidates the penalty.
Citations
- Telangana High Court (2026)
Source:taxguru.in