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2025Section 466

466. Penalty for failure to comply with the provisions of section 254.

In the 1961 Act1 match · Unreviewed

From the Income Tax Department's correspondence.

If a person fails to comply with the provisions of section 254, the Joint Commissioner, Deputy Director or Assistant Director or the Assessing Officer, may impose a penalty which may extend up to Rs. 13[25000] on him.

Footnotes

  1. 13.Sub. for "1000" by Act No. 4 of 2026, w.e.f. 1-4-2026.↩

Income-tax Act, 2025: text as on 25 August 2026 · Official source ↗ ·