2025Section 468
468. Penalty for failure to comply with the provisions of section 397.
In the 1961 Act1 match · Unreviewed
- 1961 Section 272BB
From the Income Tax Department's correspondence.
(2) If a person, required to quote his Tax Deduction and Collection Account Number in challans, certificates, statements or other documents referred to in section 397(1)(b), quotes a number which is false, knowing or believing it to be false or not true, the Assessing Officer may impose a penalty of Rs. 10000 on him.