Section 127 : Power to impose penalty in certain cases
Where the proper officer is of the view that a person is liable to a penalty and the same is not covered under any proceedings under section 62 or section 63 or section 64 or section 73 or section 74 [1][or section 74A] or section 129 or section 130, he may issue an order levying such penalty after giving a reasonable opportunity of being heard to such person.
Footnotes
[1] Inserted vide the Finance (No. 2) Act, 2024, notified through Notification No. 17/2024 - CT dated 27.09.2024, w.e.f. 01.11.2024.