(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— (a
) by the Income-tax Officer, where the penalty exceeds ten thousand rupees; (b
) by the Assistant Commissioner
or Deputy Commissioner, where the penalty exceeds twenty thousand rupees,except with the prior approval of the Joint Commissioner.(3) An income-tax authority on making an order under this Chapter imposing a penalty, unless he is himself the Assessing Officer, shall forthwith send a copy of such order to the Assessing Officer.