Procedure
(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 ten thousand rupees, by the Income-tax Officer;
(b)
where the penalty exceeds twenty thousand rupees, 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.