2025Section 449
449. Penalty for failure to collect tax at source.
In the 1961 Act1 match · Unreviewed
- 1961 Section 271CA
From the Income Tax Department's correspondence.
If any person fails to collect the whole or any part of the tax as required under Chapter XIX-B, the Assessing Officer may impose on him, a penalty equal to the tax which such person failed to collect.