Not obeying a commandment is spoken of as breaking it. Alternate translation: "has disobeyed my commandment" or "has not obeyed what I commanded" (See: [[rc://en/ta/man/jit/figs-metonymy]])
Here "iniquity" represents either 1) punishment for sin or 2) guilt of sin. Sin being on him is a metaphor for either 1) being punished or 2) being guilty. Alternate translation: 1) "I will punish him because of his sin" or 2) "I will consider him guilty" (See: [[rc://en/ta/man/jit/figs-metonymy]] and [[rc://en/ta/man/jit/figs-metaphor]])