2025Section 447Omitted
447. Penalty for failure to furnish report under section 172.
In the 1961 Act1 match · Unreviewed
- 1961 Section 271BA
From the Income Tax Department's correspondence.
11[***]
Footnotes
- 11.Omtt. by Act No. 4 of 2026, w.e.f. 1-4-2026. Prior to its omission, section 447 read as under : "447. Penalty for failure to furnish report under section 172.—If any person fails to furnish a report from an accountant as required by section 172, the Assessing Officer may impose a penalty of Rs. 100000 on such person."↩