2025Section 452
452. Penalty for failure to comply with provisions of section 187.
In the 1961 Act1 match · Unreviewed
- 1961 Section 271DB
From the Income Tax Department's correspondence.
The Assessing Officer may impose on a person, a penalty of Rs. 5000 for every day of the duration of failure where he fails to provide a facility for accepting payments through the prescribed electronic modes of payment, as referred to in section 187.